Solace Power
Intelligent wireless power, sense, and data solutions.
Intelligent wireless power, sense, and data solutions.
Sure, here's a brief analysis of Solace Power for Venture Capitalists.
Solace Power is a pioneering company in the development of intelligent wireless power-based solutions, integrating proximity sensing and data. The company specializes in electric field Resonant Capacitive Coupled wireless power transfer technology. Its patented technology provides industrial-grade, decoupled power for various applications in aerospace, automotive, defense, industrial automation, telecommunications, and smart home markets.
Since its establishment in 2007, Solace Power has received recognition through numerous awards, including the Boeing Silver Level Performance Excellence Award, Deloitte’s Technology Fast 50™/Companies-to-Watch, and Atlantic Canada's Best Places to Work (2024).
The company secured a notable $7.13M venture round investment on 18 December 2023, indicating investor confidence in Solace Power's innovative technologies and potential for growth in the Energy, IT, Telecom, and Automotive industries.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | $7.13M | - | 18 Dec 2023 | |
| Seed Round | $60.04K | - | 05 Jul 2019 | |
| Grant | $2.60M | 1 |
|
16 Jun 2017 |
No recent news or press coverage available for Solace Power.
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