VoltSafe Media Release – September 26, 2023
VANCOUVER, BC, CANADA – (September 26, 2023) – VoltSafe Inc. is pleased to announce it has been invited to Creative Destruction Lab (CDL)’s prestigious CDL-Oceans Stream (Atlantic) in Halifax, Nova Scotia – the forefront of Canada’s Ocean industry. VoltSafe’s selection into the no cost accelerator program reinforces the value its breakthrough plug technology delivers to advancing improvements to electrical safety, automation, sustainability, and overall human welfare.
The Oceans Stream at CDL-Atlantic invites high potential innovators like VoltSafe to their 9 month program. The program aims to disrupt the ocean economy with emerging digital technologies and sustainable solutions. The program allows VoltSafe to take centre-stage in front of experienced entrepreneurs, investors, and leading scientists from around the world that are ocean industry focused to showcase its Marine solution.
“VoltSafe is thrilled to enter CDL-Atlantic’s Oceans Stream. Not only do VoltSafe’s and CDL’s mantras align, our first major product to market relates to marine electrification. Our prongless technology dramatically improves marina safety, ease of use and environmental impact. VoltSafe’s robust solution elegantly adapts to existing marina shore power infrastructure,” commented VoltSafe CEO, Trevor Burgess. He added, “Being accepted into CDL-Atlantic’s Oceans Stream is very validating as shore power plugs pose significant marina & boater safety risks, such as fires and electric shock drownings (ESD’s) due to current leakage. Our smart (IoT) marine solution eliminates these risks while also delivering an enjoyable UI/UX.”
CDL measures its ultimate success through equity value creation. The program has generated over $28 billion in equity value to date. VoltSafe aims to carry on this precedent of financial gain and achievement upon completion of the program.
VoltSafe’s participation in the immersive Oceans Stream will commence next month, with a launch event in Boston October 19th. The program will include intensive engagement with Oceans Stream mentors collaborating to help sharpen VoltSafe’s strategic marine roadmap, prioritize resources, raise capital, and engage with marine experts.
About VoltSafe Inc.
VoltSafe Inc. is changing the way people connect to power. Headquartered in Vancouver, BC, the Canadian tech startup has reinvented the electrical plug by eliminating prongs, adding magnets and an “electrical fingerprint”. Using patented technology, VoltSafe has created the world’s safest, simplest, and smartest plug design since electricity came into homes more than 140 years ago. The company’s product pipeline includes magnetic plug replacement solutions for household, commercial, industrial, marine, electric and autonomous vehicles, emergency services, data centres and more.
About Creative Destruction Lab
Creative Destruction Lab™ (CDL) was founded at the Rotman School of Management, of the University of Toronto. It is a nonprofit, global startup program for seed-stage, science-based companies. The program employs an objectives-based mentoring process by a selected group of accomplished entrepreneurs, angel investors, economists, and scientists. It is a hub for world-leading research, innovation and entrepreneurship. CDL’s mission is to enhance the commercialization of science for the betterment of humankind.