Solace Power

Solace Power

Intelligent wireless power, sense, and data solutions.

Founded 2007 Canada

Canada 59 employees Venture round Total: $9.79M Energy, IT +2

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	Investors	Lead Investors	Date
Venture Round	$7.13M	-		18 Dec 2023
Seed Round	$60.04K	-		05 Jul 2019
Grant	$2.60M	1	Atlantic Canada Opportunities Agency	16 Jun 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$7.13M

18 Dec 2023

Seed Round

$60.04K

05 Jul 2019

Grant

$2.60M

Atlantic Canada Opportunities Agency

16 Jun 2017

FAQ About Solace Power

Intelligent wireless power, sense, and data solutions.

Solace Power was founded in 2007.

Solace Power is headquartered in Canada.

Solace Power operates in Energy, IT, Telecom and Automotive. Its work centres on Wireless Power, Resonant Capacitive Coupled Technology, Aerospace and Automotive.

Solace Power has approximately 59 employees.

Solace Power has completed 3 funding rounds, raising a total of $9.79M. The latest funding stage is Venture round.

Top alternatives and competitors to Solace Power include Powercast Corporation, Cambridge Broadband Networks Group (CBNG), SonicEnergy™, Maxwell Technologies, Teledyne Technologies Incorporated. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Solace Power and Powercast Corporation are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (3)

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FAQ About Solace Power