VoltSafe has been engaged by Chevron Technology Ventures to enter into a binding agreement for pilot testing VoltSafe’s prongless technology solutions within Chevron’s multiple business units. This monumental partnership will take a strategic, phased approach, initially piloting three different product use cases for evaluation.
If successful in phase 1, a second phase would follow and involve a larger 6-month pilot contract across the business units, followed by potential equity investment from Chevron Technology Ventures.
Trevor Burgess, VoltSafe’s Co-Founder & CEO, noted, “Major energy leaders, like Chevron, are always on the lookout for advanced technologies that are major drivers of operational efficiencies, workplace safety and sustainability. VoltSafe’s smart, data driven power transfer solutions deliver on these ambitious goals.
In the second half of 2025, VoltSafe is looking to raise a Series A, and having a strong corporate VC partner that prefers to lead investment rounds aligns well with VoltSafe’s short and long term roadmap. Partnering with Chevron Technology Ventures is a very exciting development for VoltSafe stakeholders and we look forward to announcing further updates on this as they become available.”
Innovative Partnerships for Safer Electricity
Chevron Technology Ventures prides itself on delivering the energy the world needs, safely and reliably. VoltSafe’s prongless, magnetic electrical hardware and advanced, AI-enabled energy management solutions align with this goal perfectly, enabling Chevron Technology Ventures to achieve a safer, simpler and smarter way to manage electricity on a mass scale.
The pilot projects are expected to be installed before year’s end and carried out in conjunction with The Cannon, a new age innovation and technology testing facility located in Houston, Texas. Chevron Technology Ventures teamed up with The Cannon in 2019 to trigger innovation.
This innovation hub brings technology to the forefront in the energy sector, driven by The Cannon Community. Being immersed in a network of entrepreneurs and investors enables high-growth stage startups, like VoltSafe, to grow and scale. In addition to this, VoltSafe will gain access to expert advisors, investors, events, and custom programming. More to come.
To learn more about VoltSafe Inc. visit: https://voltsafe.com
Comments