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Accelleran has raised $8.3M across 1 funding round.
Key people at Accelleran.
Accelleran has raised $8.3M in total across 1 funding round.
Based in Antwerp, Belgium, Accelleran was founded in 2013 by telecom veterans Trevor Moore and Frédéric Van Durme to develop cloud-native Open RAN software and private 5G network solutions. The company provides business-to-business software licensing for its flagship dRAX platform, which features Radio Access Network Intelligent Controller and Control Plane components to help telecommunications operators, system integrators, and enterprises deploy scalable mobile networks. Operating with a workforce of approximately 88 employees, the business currently generates an estimated $6.6 million in annual revenue. Accelleran secured a €6.8 million Series B funding round in 2021 led by Cogito Capital Partners, with additional financial backing from Capital-E, Qbic, and AAAF. Recently, the firm collaborated with AWS to optimize cloud infrastructure and deployed private 5G technology for artificial intelligence insights at the Port of Grimsby in the UK.
Accelleran has raised $8.3M in total across 1 funding round.
Accelleran's investors include Cogito Capital Partners, Ark Angels, Marc Wachsmuth, Sofie Baeten.
Accelleran is a telecommunications company specializing in open, cloud-native Private 5G network solutions that deliver robust, secure connectivity as easy to deploy as WiFi.[1][2][4][6] Founded in 2013 and headquartered in Antwerp, Belgium, it provides turnkey software for disaggregated RAN (Radio Access Network), including RAN Intelligence and compatibility with Open RAN standards, serving industries like manufacturing, healthcare, logistics, ports, construction, automotive, education, and smart cities.[1][2][3][4][6] The company solves enterprise challenges in digital transformation by offering ultra-high bandwidth, low latency, enhanced security, and scalability, enabling IoT integration and reliable operations without traditional telecom complexities.[1][2][4]
Its growth momentum includes real-world deployments, such as transforming the Port of Grimsby and offshore wind farms in the UK with automation and AI-driven insights, positioning it as a pioneer in economically viable private networks.[1][6]
Accelleran was founded in 2013 in Antwerp, Belgium (with some sources noting nearby Leuven), by industry veterans and technology experts aiming to revolutionize connectivity through software-centric alternatives to traditional mobile telecom infrastructure.[1][2][3][5][6] The idea emerged from recognizing the need for flexible, volume-deployable small cell networks (initially LTE, evolving to 4G/5G), focusing on open, containerized RAN software independent of specific hardware platforms.[3] Early traction came from partnerships with organizations like Intel, O-RAN Alliance, Telecom Infra Project, and BT, enabling integrated HetNets (heterogeneous networks) and deployments across verticals.[3] Pivotal moments include developing dRAX, a cloud-native suite with RAN Intelligent Controller (RIC), and expanding to Private 5G, with proven implementations like the UK's Grimsby port project.[1][3][6]
Accelleran rides the Private 5G and Open RAN trend, addressing the shift from proprietary telecom hardware to software-defined, disaggregated networks amid surging enterprise demand for secure, high-performance connectivity.[2][3][4] Timing is ideal with 5G maturation, digital transformation acceleration post-COVID, and regulatory pushes for open infrastructure, lowering barriers for non-telco players in IoT, automation, and edge computing.[1][3][6] Market forces like rising industrial automation (e.g., ports, wind farms) and multi-vendor interoperability favor its model, reducing vendor lock-in and costs.[4][6] It influences the ecosystem by pioneering deployments that demonstrate real ROI, supporting initiatives like O-RAN Alliance, and enabling sectors like logistics and smart cities to leverage 5G for AI insights and efficiency.[1][3][6]
Accelleran is poised for expansion through scaling global Private 5G deployments, leveraging its dRAX suite and partnerships to capture growing enterprise markets in automation-heavy verticals.[1][3][6] Trends like AI-RAN integration, 6G precursors, and edge computing will amplify its RIC capabilities, while Open RAN standardization drives adoption.[3][4] Its influence may evolve from niche innovator to ecosystem leader, potentially via acquisitions or deeper hyperscaler ties, as private networks become infrastructure staples—echoing its founding vision to democratize 5G and transform connectivity.[1][2]
Key people at Accelleran.
Accelleran has raised $8.3M across 1 funding round. Most recently, it raised $8.3M Series B in May 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 10, 2021 | $8.3M Series B | Cogito Capital Partners | ARK Angels, Marc Wachsmuth, Sofie Baeten | Announced |