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Canadian Startup Voltai Raises Over US$ 1.3 Million to Augment the Development of a Top-Spinning Electrostatic Generator That Transforms the Motion of Waves and Ships into Clean and Continuous Energy.
The Canadian startup Voltai, based in Dartmouth, has raised over US$ 1.3 million in a pre-seed investment round to accelerate the development of an electrostatic converter that generates electricity from ocean waves and the movement of ships. The technology promises to revolutionize renewable energy capture in the maritime environment.
An Impulse for Clean Energy
The investment, equivalent to CAD 1.83 million, was led by the agency Invest Nova Scotia and included participation from a group of angel investors headed by Mahir Sahin, former consultant at Alphabet’s Moonshot Factory X and founder of Cloudberry Ventures.
Jen Fuccillo, the investment director at Invest Nova Scotia, emphasized that Voltai’s electrostatic generator, with its unique energy conversion mechanism, makes the process of capturing energy from waves more efficient and economical.
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According to her, the project directly addresses the challenges that have limited the energy potential of the oceans for decades.
The solution proposed by Voltai differs from traditional buoys and submerged turbines. The device, compact and shaped like a top, can be directly attached to vessels and offshore structures without generating drag or performance loss, taking advantage of the natural motion of the waves and maritime vibrations.
Continuous and Low-Cost Generation
The CEO and founder of the company, Maja Maher, stated that the financial support received reinforces the team’s confidence in the technology’s potential to help the maritime sector achieve zero-emission targets. She explained that the system is lightweight, easy to maintain, and capable of producing continuous energy on board, using only the movement of the ocean.
Currently, Voltai is working on scaling its 25-watt prototype to 100 watts, aiming to gather ten units into a one-kilowatt system. The project seeks to create a durable and compact energy source specifically for maritime and mobile use.
Applications and Next Steps
According to Voltai, the technology was primarily developed for use in vessels, navigation systems, and coastal infrastructure, as well as to provide energy support for offshore research stations.
Fuccillo stressed that Invest Nova Scotia intends to closely follow the next phase of the company, which involves commercializing the generators for the maritime transport sector. The expectation is that the innovation will reduce dependence on fossil fuels, increase operational efficiency, and contribute to the reduction of carbon dioxide (CO₂) emissions.
By transforming the motion of the sea into a constant source of clean energy, Voltai believes its technology can unlock enormous energy potential both in Nova Scotia and globally. “This solution represents a concrete step toward decarbonizing industries, developing localized energy production, and reducing greenhouse gases,” Fuccillo stated.
With the new funding, the company is preparing for an initial funding round that will allow it to expand and scale the technology in the international maritime market. “This funding enables us to accelerate our development and bring real, scalable solutions to a sector that urgently needs them,” Maher concluded.
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