Startups
Acceleware is an innovator of clean-tech enhanced heavy oil recovery technology and a developer of software solutions for the oil industry.
We are comprised of two business units: Radio Frequency (RF) Heating; and Seismic Imaging Software.
RF Heating:
Our low-cost, low-carbon production technologies for heavy oil and oil sands are materially different from any other innovation on the market today. RF XL and Modular RF use no water, require no solvent, have a small physical footprint, can be redeployed from site to site, and can be adapted to a multitude of reservoir types, while greatly reducing greenhouse gas emissions (GHGs).
Seismic Imaging Software:
Our seismic imaging software solutions are state of the art for high fidelity imaging, providing the most accurate and advanced imaging available for oil exploration in complex geologies. We offer both off-the-shelf software via our network of distributors, as well as custom seismic software solutions tailored to meet the specific needs of our clients.
We are comprised of two business units: Radio Frequency (RF) Heating; and Seismic Imaging Software.
RF Heating:
Our low-cost, low-carbon production technologies for heavy oil and oil sands are materially different from any other innovation on the market today. RF XL and Modular RF use no water, require no solvent, have a small physical footprint, can be redeployed from site to site, and can be adapted to a multitude of reservoir types, while greatly reducing greenhouse gas emissions (GHGs).
Seismic Imaging Software:
Our seismic imaging software solutions are state of the art for high fidelity imaging, providing the most accurate and advanced imaging available for oil exploration in complex geologies. We offer both off-the-shelf software via our network of distributors, as well as custom seismic software solutions tailored to meet the specific needs of our clients.
Overview
Location
Canada
Employees
11-50
Phone
+1 403-249-9099
Total raised
$6.43M
Founded date
2004
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Mar 17, 2021 | Funding round | $5M |
Mentions in press and media 21
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Dec 4, 2024 | Acceleware Awarded $1.31 Million in Non-Dilutive Funding from The Clean Resource Innovation Network | CALGARY, Alberta, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Acceleware Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial process heat, is very pleased t... |
| Mar 7, 2024 | Acceleware Provides RF XL Pilot Update | |
| Nov 22, 2023 | Acceleware Ltd. Reports Third Quarter 2023 Financial and Operating Results | CALGARY, Alberta, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its f... |
| Nov 6, 2023 | Acceleware Awarded $3 Million in Non-Dilutive Funding from The Clean Resource Innovation Network | |
| Nov 25, 2021 | Acceleware : Quarterly Report - Press Release (Q3) | Acceleware Ltd. Reports Third Quarter 2021 Financial and Operating Results CALGARY, ALBERTA - November 24, 2021 - Acceleware® Ltd. ("Acceleware" or the "Company") (TSX-V: AXE), a leading developer of technologies targeti... |
| Nov 25, 2021 | Acceleware : Reports Third Quarter 2021 Financial and Operating Results | CALGARY, ALBERTA - November 24, 2021 - Acceleware® Ltd. ("Acceleware" or the "Company") (TSX-V: AXE), a leading developer of technologies targeting low-cost and clean extraction of heavy oil and bitumen, today announced ... |
| Aug 26, 2021 | Acceleware : Reports Second Quarter 2021 Financial and Operating Results | CALGARY, ALBERTA - August 25, 2021 - Acceleware® Ltd. ('Acceleware' or the 'Company') (TSX-V: AXE), a leading developer of technologies targeting low-cost and clean extraction of heavy oil and bitumen, today announced its financial and oper... |
| Aug 26, 2021 | Acceleware : Quarterly Report - Press Release (Q2) | Acceleware Ltd. Reports Second Quarter 2021 Financial and Operating Results CALGARY, ALBERTA - August 25, 2021 - Acceleware® Ltd. ("Acceleware" or the "Company") (TSX-V: AXE), a leading developer of technologies targetin... |
| Jun 7, 2021 | ACCELEWARE LTD. Acceleware : Announces the Election of Jim Boucher to the Board of Directors | CALGARY, ALBERTA - June 7, 2021 - Acceleware® Ltd. ('Acceleware' or the 'Company') (TSXV: AXE), a leading developer of technologies targeting low-cost and clean extraction of heavy oil and bitumen, is very pleased to announce that Jim Bouch... |
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FAQ about Acceleware Ltd.
When was Acceleware Ltd. founded?
Acceleware Ltd. was founded in 2004.
How much funding has Acceleware Ltd. raised?
Acceleware Ltd. has raised $6.43M in total across 2 funding rounds.
What funding rounds has Acceleware Ltd. raised?
Parsers VC lists 2 funding rounds of Acceleware Ltd., among them a funding round of $5M on Mar 17, 2021.
What has the press written about Acceleware Ltd.?
Parsers VC has collected 21 articles mentioning Acceleware Ltd., among them “Acceleware Awarded $1.31 Million in Non-Dilutive Funding from The Clean Resource Innovation Network” (Dec 4, 2024) and “Acceleware Provides RF XL Pilot Update” (Mar 7, 2024).
Is Acceleware Ltd. still active?
Yes, Acceleware Ltd. is active; its latest activity on Parsers VC dates from Jun 12, 2026.