Voltai, a Canadian cleantech company focused on ocean and renewable energy solutions, has closed an oversubscribed $1.83 million pre-seed financing round.
Source: Voltai
Invest Nova Scotia led the round, with additional participation from an angel investor group headed by Mahir Sahin, former advisor to Alphabet’s Moonshot Factory X (formerly Google X) and founder of Cloudberry Ventures.
“Voltai’s electrostatic generator, with its unique energy conversion mechanism, makes wave energy conversion efficient and cost-effective,” said Jen Fuccillo, Investment Principal at Invest Nova Scotia.
According to Voltai, the new funding will accelerate technology development and commercialization within the maritime sector.
“The support we’ve received from Invest Nova Scotia and our investors is both exciting and validating,” said Maja Maher, CEO and Founder of Voltai.
“It reinforces our belief in this technology and its potential to help the shipping industry reach its net-zero
