Canada · Funded startup

Who invested in Solace Power

2 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Raised 8 months ago

Funding summaryUpdated 26 Oct 2026

$10Mraised across 2 rounds since 2025, from 2 sources

$7.2MVenture$2.9MDebt
Latest round
Debt, $2.9MMar 2026
Biggest round
$7.2MVenture · Jan 2025
Investors
1
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20252026
$7.2MVenture$2.9MDebt
First round
Venture, $7.2M
Jan 2025
Biggest round
$7.2M
Venture · Jan 2025
Between rounds
14 months
from the last two

The rounds

  1. Mar 2026
    Debt$2.9M1 returning

    Source recorded

  2. Jan 2025
    Venture$7.2M1 new

    Source recordedSEC filing: $7.1M sold, first sale Dec 2023

Founders and team

From Solace Power's own website: 15 on the team.

  • Neil ChaulkCEO
  • Colin RyanCOO & CFO
  • Howard RideoutSenior VP Technology
  • John BeresfordVP Sales
  • Mark SnowVP IP & Quality
  • Max RahmVP Compliance
  • Meghann ThorneVP Finance
  • Bernard RyanDirector of Software Development
  • Chamilla LiyanageSenior Project Manager
  • Corina SinyardSenior Director of Product Development
  • Daniel ThorsenElectrical Team Lead
  • Lesley SparkesSenior Director of Marketing
  • Marlayne HardyDirector of Operations
  • Oihane CerecedaSoftware Development Team Lead
  • Robert CoveDirector of Advanced Research

Everyone who backed them

Missing a round, or an investor who was in one? Tell us.

Quick answers about Solace Power

Who invested in Solace Power?

Solace Power's investors include Atlantic Canada Opportunities Agency.

How much has Solace Power raised?

Solace Power has raised $10M across 2 rounds since 2025.

When did Solace Power last raise?

Solace Power's most recent round was a Debt of $2.9M in Mar 2026.

What was Solace Power's biggest round?

Solace Power's largest round on record is $7.2M (Venture), in Jan 2025.

Who backed Solace Power first?

Solace Power's first round on record, in Jan 2025, was backed by Atlantic Canada Opportunities Agency.

What stage is Solace Power at?

Solace Power's latest named round is a Debt, in Mar 2026.

Where is Solace Power based?

Solace Power is based in Canada.

Companies like Solace Power

In the same sector, and raised in the last eighteen months.

Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.