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Voya Energy Raises $35M to Power Data Centers With Aluminum Fuel

The biggest power users in America can’t get power fast enough. A new data center or factory can go from dirt to building in 6-12 months. But the electricity to The post Voya Energy Raises $35M to Power Data Centers With Aluminum Fuel appeared first on Ventureburn .

Voya Energy Raises $35M to Power Data Centers With Aluminum Fuel

Voya Energy has secured $35 million in Series A funding to develop generators that convert aluminum fuel into electricity, aiming to provide reliable power for data centers and other large consumers without the delays associated with traditional utility connections. The California-based startup, led by Richard Wang, Matt Horton, and Steven Kaye, pairs its proprietary aluminum-based fuel with an electrochemical generator.

The low-grade scrap aluminum pellets are converted directly into electricity within the generator, producing no emissions or combustion. This modular and containerized system can deliver up to 2 MW of power from a standard 20-foot container, with additional fuel storage modules providing up to 10 GWh of energy in a single acre. The funding, led by Energy Impact Partners, will enable Voya to scale manufacturing and deploy units for data centers, industrial plants, emergency response, and energy infrastructure.

The goal is to offer energy independence and decarbonization for critical power needs, with aluminum fuel serving as a drop-in replacement for fossil-based on-site power.

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