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Solace Power

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Wireless Power Technology by Solace Power

Mount Pearl, CanadaFounded 2007Transportation
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Solace Power

Solace Power specializes in intelligent wireless power and data transfer technology, catering to industries such as telecom, automotive, medical, aerospace, and defense. The company operates in the advanced technology market, providing solutions that enable power transfer up to 200W and distances up to 250mm, with features like spatial freedom, flexible resonators, and built-in proximity sensing. Solace Power's business model revolves around developing and licensing its proprietary technology to manufacturers and service providers, generating revenue through licensing fees and partnerships. The company has received multiple awards, including the Boeing Silver Supplier Performance Excellence Award, highlighting its industry recognition and reliability.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2007
Headquarters
Mount Pearl, Canada
Employees
68
Open positions
2
Dealroom signal
67.4/100
Industry
Transportation
Sector
Transportation, Hard Tech
Business model
Manufacturing
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Jan 2025 $10M $41M Boeing ↗
LATE VCOther financing Jan 2024 — — GENTEX ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Solace Power website traffic

Latest recorded traffic for Solace Power is 5.8K monthly website visits, down 12.1% over the last three months. Solace Power's team declined 4.2% over the past year.

Latest monthly visits5.8K 3-month web change-12.1% 1-year team growth-4.2%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Atlantic Canada Opportunities Agency

Series B and later2 investors entered at this stage

  • GENTEX
  • Boeing

Other known investors1 additional known investor

Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇦 Canada98.3%
🇬🇧 United Kingdom1.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Solace Power on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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