Top-like ocean wave energy tech gets USD 1.3 million funding push

Canadian cleantech company Voltai has secured over USD 1.3 million (CAD 1.83 million) in an oversubscribed pre-seed funding round led by Invest Nova Scotia and supported by angel investors, including Mahir Sahin. Voltai is developing an innovative, compact, top-like electrostatic wave energy converter that harnesses kinetic energy from ocean waves and ship movements to generate clean electricity. Unlike traditional bulky wave energy systems, Voltai’s device can be installed directly on vessels and offshore structures without causing drag or performance loss. The technology aims to provide continuous, maintenance-friendly onboard power, helping the maritime industry reduce fossil fuel dependence and lower CO2 emissions. The company is currently scaling its prototype from 25 watts to 100 watts, with plans to bundle ten units into a one-kilowatt system suitable for marine and mobile applications such as powering vessels, navigation systems, coastal infrastructure, and research stations. Voltai’s unique energy conversion mechanism promises efficient and cost-effective wave energy