Voya Energy

Unleashing the Power of Metal Fuels

Berkeley, United States · Founded 2025 · $35.0M raised

Employees
1–10
Founded
2025
Business Model
B2B
Total Funding
$35.0M
Last Round
$35.0M Series AAug 2026
Rounds
2

About

Voya Energy is pioneering metal fuels—made with low-cost clean electricity—to reshape global energy flows and ensure energy security. The company's breakthrough technology converts abundant, high-energy, recycled metals into a powerful, safe, and durable fuel, and is creating a new category of energy generation devices that deliver fast access to power independent of the grid. Founded by Richard Wang (former founder and CEO of Cuberg, acquired by Northvolt), Matt Horton (former CEO of Voltera and Propel Fuels, EVP at Rivian), and Steven Kaye (former CTO at ONE, Apple Special Projects Group), Voya raised a $13M seed round to advance its metal fuels platform. The company is based in Berkeley, California.

Summary

Voya Energy is a Clean Energy company based in Berkeley, United States, founded in 2025. It has raised $35.0M in total across 2 rounds, most recently a $35.0M Series A round in Aug 2026. Investors include Energy Impact Partners, Founders Fund and Mantis VC.

Tech & App Stack

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Funding History

Series ASeries AAug 2026
$35.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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