Funding round
Acelen Renováveis Growth
Reported as "Growth Equity"
Acelen Renováveis, which works in renewable fuel production in Montes Claros, raised $1.50B in a Growth round announced on 26 May 2026, led by International Finance Corporation and HSBC. 12 firms took part.
$1.50B
Amount raised
Not disclosed
Post-money valuation
12
Investors
2 leads
Valuation
What this round says about the price
Acelen Renováveis did not disclose a valuation in this round. It is Acelen Renováveis' first venture round on record, 3 years after it was founded in 2023. No later venture round is on record for Acelen Renováveis.
Acelen Renováveis' funding rounds
This is the only venture round on record for Acelen Renováveis.
- Growth this round 26 May 2026, led by International Finance Corporation and HSBC $1.50B
Investors
Who put money in
International Finance Corporation and HSBC led the round with 10 other firms.
Lead investors
- International Finance Corporation backs 92 venture-backed companies new investor
- HSBC new investor
Also in the round
- First Abu Dhabi Bank (FAB) new investor
- Abu Dhabi Commercial Bank (ADCB) new investor
- backs 11 venture-backed companies new investor
- BNDES new investor
- Asian Infrastructure Investment Bank (AIIB) new investor
- new investor
- KfW IPEX-Bank new investor
- Bradesco new investor
- BBVA new investor
- Bank of China new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion and scaling operations.
- Product development
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
15 Growth rounds in Renewable energy companies within a year either side disclosed an amount; the median was $101M, and this round was 15 times the median. The closest in time, other companies' Growth rounds in Renewable energy companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Matrix Renewables Renewable energy companies | 23 Jun 2026 | $210M | not disclosed | DESRI |
| Hydrostor Renewable energy companies | 12 Aug 2026 | $230M | not disclosed | not named |
| new cleo Renewable energy companies | 23 Feb 2026 | $89M | not disclosed | not named |
| Renewable energy companies | 19 Feb 2026 | $47M | not disclosed | International Airlines Group (IAG) and Shell |
| Renewable energy companies | 3 Feb 2026 | $29M | not disclosed | RA Capital |
| Jupiter Power Renewable energy companies | 16 Sep 2026 | $1.40B | not disclosed | not named |
| Renewable energy companies | 24 Sep 2026 | $268M | not disclosed | Climate Adaptive Infrastructure |
| Renewable energy companies | 16 Sep 2026 | $100M | not disclosed | S2G Investments and Canada Growth Fund |
Sources
Where this comes from
Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Acelen Renováveis raise in its Growth round?
Acelen Renováveis raised $1.50B in its Growth round, announced in May 2026.
Who led Acelen Renováveis' Growth round?
International Finance Corporation and HSBC led it, with First Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB), IDB Invest, BNDES and Asian Infrastructure Investment Bank (AIIB) and 5 more.
What was Acelen Renováveis' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Renewable energy companies?
15 Growth rounds in Renewable energy companies within a year either side disclosed an amount; the median was $101M, and this round was 15 times the median.