Volinergy

company

About

Volinergy is a company that specializes in the development of battery solutions to increase performance and safety of electric vehicles.

  • 1 - 10

Details

Last Funding Type
Grant
Last Funding Money Raised
$10K
Industries
Battery,Electric Vehicle,Electronics,Information Technology,Manufacturing,Software
Founded date
Jul 28, 2021
Number Of Employee
1 - 10
Operating Status
Active

Volinergy is a company specialized in the electrification of airways through innovative battery module technologies related to battery thermal and energy management, mechanical assembly and software deployment. The electrification of air transport is very promising, but is limited by the battery systems that bring important limitations. The first main problem is related to the autonomy of the vehicle which is directly linked to the low energy density of Li-ion cells. The second problem is the low durability of the batteries that require frequent system changes, which is expensive and not optimal for high volume deployment. The third issue is battery safety since Li-ion cells have an intrinsic thermal runaway problem. Volinergy has developed new technologies around energy management, thermal management, mechanical assembly and data management. All together, these technologies allow to better cool the battery system and to avoid the propagation of a thermal runaway, while better managing the energy to reduce losses and inaccessible energy and finally to better process the data at the Li-ion cells. The technologies are appropriately protected according to their use and novelty. Volinergy sells battery modules as a product and a SaaS platform, which is based on Artificial Intelligence (AI) and Machine Learning (ML) algorithms.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$10K
Volinergy has raised a total of $10K in funding over 2 rounds. Their latest funding was raised on Jun 28, 2022 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 28, 2022 Grant 1 ECO Canada Detail
Apr 25, 2022 Grant $10K 1 Consortium de Recherche et d'Innovation en Aérospatial au Québec Detail
Nov 20, 2021 Non-Equity Assistant 1 Ministère de l'Économie et de l'Innovation Detail

Investors

Number of Lead Investors
Number of Investors
3
3
Volinergy is funded by 3 investors. ECO Canada and Consortium de Recherche et d'Innovation en Aérospatial au Québec are the most recent investors.
Investor Name Lead Investor Funding Round
ECO Canada Yes Grant
Consortium de Recherche et d'Innovation en Aérospatial au Québec Yes Grant
Ministère de l'Économie et de l'Innovation Yes Non-Equity Assistant