WaterLily Turbine, the brand developed by Seaformatics Systems Inc., operates out of St. John's, NL, and champions the ethos of "Energy Anywhere!". Established in 2014, this innovative startup focuses on designing hydro turbines that provide power in remote locations. Their standout product, the Waterlily, is a portable device capable of harnessing energy from both water and wind to charge USB powered devices. This product has achieved significant market penetration, with customers in over 18 countries across five continents.
In addition to consumer electronics, they delve into larger industrial applications with the Sealily, a turbine engineered to derive energy from ocean currents, specifically for powering ocean data-collecting instruments. Its deployment includes cutting-edge subsea wireless communications and sensor technologies.
The company last secured a $1.00M Seed Round investment in February 2020, with backing from Sustainable Development Technology Canada and Pelorus Venture Capital. Positioned at the intersection of Consumer Electronics and Manufacturing, WaterLily Turbine epitomizes a promising prospect for sustainable energy solutions globally.