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VoltSafe Blog Team – October 23, 2024
Many venture capitalists and small investors that invested in Nest and Ring in the early days are glad they did as those companies were getting ready to commercialize their product.
Investing in a small business that is about to take off is not difficult especially when you have platforms like FrontFundr. The platform makes it easy for companies to show investors why their venture deserves their investment dollars. This year VoltSafe has decided to open a funding round to retail investors as they are about to commercialize a much in demand product, VoltSafe Marine. But the marine solution is just the start of a big boom in business for the company. With other solutions in demand including the home plug, retail investors will see a VoltSafe Solution in their home in the near future, just as Ring and Nest are now considered a part of many households. Here are six of the top reasons why you will want to invest in VoltSafe today.
Safety certification is an enormous milestone for a company looking to get an electrical plug into the market. In spring of 2020, VoltSafe successfully convinced certification bodies to look beyond archaic standards meant only to allow pronged plugs to receive safety certification and pass VoltSafe’s prongless design with safety certification. After all, VoltSafe’s patented technology is the only high voltage, magnetic electrical connector and outlet design in the world safely certified with standards rivaling that of aerospace.
The next step was to patent this unique innovative technology and design. VoltSafe has filed patents in more than 40 countries and received granted status of its flagship technology in seven countries to date, including the all-important US market. The company expects to continue receiving granted patents around the world and continue to expand its IP portfolio. This is a good thing for a company that is beginning to make news for its technology and partnering with large corporate entities.
In the last year the company has won some prestigious accolades from Industry experts. It began with two CES awards (VoltSafe Home and VoltSafe Marine), and snowballed quickly with an IBEX Innovation Award (VoltSafe Marine), CTA Mark of Excellence Award and the honoree award for Most Investable Cleantech Venture award by Forsight 50 .
The significant benefits of connecting an application to high power utilizing magnetics has caught the eye of many large corporations wanting to integrate Voltsafe solutions with their deep tech projects. VoltSafe’s technology provides partners with a material edge on competitors and the future proofing of their product offerings. The technology is scalable to any voltage and application from marine to autonomous vehicles, defense, residential home power, construction, farming, production houses and spaces, hospitals, clinics and emergency vehicles. The possibilities are endless. Currently the company is piloting their marine system with several marinas across the country and is ready to commercialize the product with several active purchase orders.
VoltSafe Marine will be the first major product to be commercialized by the company. VoltSafe Marine’s award winning shore power hardware and software system for marinas is aimed at disrupting the industry’s antiquated shore power systems. VoltSafe Tech solves many of the challenges faced by the industry today including meeting regulations and safety standards set by the NFPA ( National Fire Prevention Association) and ABYC( American Boat and Yacht Council) that address shore power hazards such as fires, electrocution and electric shock drownings(ESD). Marine shore power transfers anywhere from 30A-100A. Coming into contact with that amount of electricity or heating up electrical components is extremely dangerous. A shore power system that addresses these power hazards by safely transferring this power from the source to the vessels is game changing. What’s more, the easy disconnect connectors prevent dock damage if a vessel sails away from the dock without disconnecting from shore power. This sets the company up with a clear product-market fit. In addition to the already-high demand, the industry itself is a multi-billion dollar market with high margins. Factor in the technology’s adaptability and incredible potential for scalability and growth, and VoltSafe is well-positioned to reap the benefits of a successful product launch.
With the company on the verge of commercializing its groundbreaking,patented, award winning marine solution, that is a perfect market fit, now is the perfect opportunity to invest for as little as $750. And, new since our last FrontFundr raise, you can now make your investment using your credit card and rack up those rewards points or miles for flying while you’re at it.
So, if you would like to get into the venture capital market and invest in a Canadian cleantech company that is catching the eye of large global corporations and government entities, then look no further than VoltSafe. What’s more is your investment is RRSP and TFSA eligible. VoltSafe’s equity crowdfunding campaign is only open for a LIMITED TIME. Check out the company’s currently-open investment opportunity on FrontFundr.
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.