Last updated 2026-06-18
- Raised $1.2M grant, Jan 2019
- Raised $214k grant, Jun 2017
- Raised $1.5M funding round
Total raised
$2.9M
Last: Grant 2019-01
Stage
Seed
Founded
2016
Headcount
6
HQ
Netanya, Israel
Sector
Energy Tech
About
Vollspark is developing a hardware and software platform designed to turn preexisting standard power transformers into smart transformers. The company's platform stabilizes voltage in the power grid in real time, facilitating the integration of renewable energy into the power grid. Vollspark replaces current power transformers with its solid-state transformer, which uses power electronics to provide flexibility and a fast, dynamic response for power grid stability. In addition to its primary operation as a power transformer, it will provide locally needed reactive power and reduce harmonics.
Funding history · 4 rounds · $2.9M total
2019-01
Grant
$1.2M
2018-03
Grant
Undisclosed
2017-06
Grant
$214K
Date unknown
$1.5M
Q&A
- What is Vollspark's primary business?
- Vollspark is developing a hardware and software platform to convert standard power transformers into smart transformers, stabilizing voltage in the power grid to integrate renewable energy.
- When was Vollspark founded?
- Vollspark was founded in March 2016.
- What is Vollspark's current operational status?
- Vollspark is currently inactive, having ceased operations in January 2023.
- How much funding has Vollspark raised in total?
- Vollspark has raised a total of $2,914,286.
- Who were the lead investors in Vollspark's January 2019 grant round?
- The Israel Innovation Authority was an investor in Vollspark's January 2019 grant round.
- Where is Vollspark headquartered?
- Vollspark is headquartered in Netanya, Center District, Israel.
- Who are the co-founders of Vollspark?
- The co-founders of Vollspark are Liran Katzir, Doron Shmilovitz, and Shaul Ozeri.
Team · 3
Founder · Co-founder & CTO
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Production & SourcesEnergy Management & Grid IntegrationClimate TechEnergy TransitionEco-Efficient Transmission and Distribution
Target customers
Energy, Utilities & Waste ManagementUtilitiesElectricity
Business model
B2B
Tags
transmission-and-distributionclimate-techenergyrenewable-energypower-gridssmart-gridenergy-efficiencyelectric-utilitiesenergy-storageindustrial-technologiesenergy-control-and-managementenergy-saving
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
Identifiers & details
| Former names | Volex Power |
|---|---|
| Founded | 2016-3 |
| Employees (exact) | 6 |
| Status reason | Non Active, Jan 2023 ceased to operate |