3 miljoen euro voor small cell specialist Accelleran via Ark Angels Activator Fund en Capital-E

Accelleran NV, leading supplier of LTE small cell solutions, announces the completion of its Series A funding round of €3M by Capital-E and Ark Angels Activator Fund (AAAF). The investment gives Accelleran the resources to further build its share of the global LTE small cell market with products with industry-leading form-factor, performance and price.

Founded in 2013, Accelleran is widely recognised as a design leader in small cell solutions; its team of industry veterans has built a solid reputation for their highly-reliable, platform-independent small cell technology. Accelleran brings disruption to the TD-LTE small cell market by enabling volume product supply for multiple deployment models (from metro outdoor through to residential indoor). Close relationships with world-class manufacturing organisations enable a flexible and highly cost-competitive approach to delivering trusted, carrier-grade solutions.

“We are very pleased that we have the support of two local investors with deep understanding of the sector in which we are working”, said Trevor Moore, CEO of Accelleran; “With their backing and support we are very confident and excited about the future. The investment will boost our business and product development for key target markets and allow us to ramp up and take the business to the next level”.
“We are very pleased that we have the support of two local investors with deep understanding of the sector in which we are working”, said Trevor Moore, CEO of Accelleran; “With their backing and support we are very confident and excited about the future. The investment will boost our business and product development for key target markets and allow us to ramp up and take the business to the next level”.

Marc Wachsmuth, Managing Partner and co-founder of Capital- E said, “We have known and respected the team at Accelleran for many years, and we are confident in their unique abilities to innovate and bring disruptive solutions to the mobile communications market. The small cell market is growing rapidly and Accelleran is in a good position to grab a significant share of this”.

Rudi Severijns, Fund Manager at AAAF said, “Based on our significant experience of investing in the communications industry, we are delighted to be working with a team located in Belgium that has such big potential in a global industry.”

Caroline Gabriel, Research Director at Rethink Wireless Research, commented, "Accelleran has done a great job landing this investment which underscores the size of the TD-LTE opportunity, the traction they have built and the strength of their team. There is a real need for cost-effective, reliable solutions and they are certainly well positioned now to serve this nascent and growing market".