In the growing clean energy field, Canadian startup Daanaa is making headlines with its innovative energy trading technology. Founded in 2018, Daanaa has developed a unique solution that enables free, safe and efficient energy transfer, paving the way for significant advancements in electric vehicle (EV) charging, battery management systems (BMS) and solar energy.
In an exclusive interview with Daanaa CEO Udi Daon, we look at the company's innovation capabilities and its vision for a greener future.
Daanaa's electricity transaction has several unique features that distinguish it from traditional methods of electricity transmission. With bidirectional and positional freedom, Daanaa's solution enables efficient wireless power transmission through a variety of materials, including wood, plastic, glass, concrete and more. It also facilitates simultaneous transactions between multiple devices of different sizes, shapes and power requirements, providing proven scalable, adaptive and targeted delivery by implementing a power pixel approach from 1W to 10kW and beyond.
When it comes to solar power, Daanaa's technology offers several advantages over traditional solar panels. First, it allows a significant increase in energy production in the same area and eliminates the losses of series connections. Second, by incorporating technology into manufacturing, Daanaa allows solar panels to produce more power even in direct sunlight without shade, eliminating flickering and low light conditions. This architectural innovation maximizes energy production and makes better use of the available space for solar panels. In other words, Daanaa simplifies the installation process and minimizes logistical challenges and costs.
Finally, Daanaa's architecture eliminates hot spots, a phenomenon that can lead to reduced efficiency and permanent damage to a solar panel. The overall result is a superior product with improved energy production, simplified installation and reduced maintenance, providing customers with long-term cost savings.
Specifically, integrating Daanaa's technology into solar power systems not only increases low-light power generation by up to 80% and low-light power generation by up to 20%, but also eliminates waste by reducing up to 27%. %, which helps to significantly reduce greenhouse gas emissions. Udi also emphasizes the importance of solar panel size and connectivity for optimal energy production. As the market evolves towards larger panels and more powerful cells, Daanaa welcomes this development as its technology can perfectly adapt to these advances.
Daanaa's initial funding came from internal sources and local angel investment in Vancouver. The company completed a Series A a year and a half ago, raising about $8.5 million. Udi Daon announces that Daanaa plans to launch another financing round in the next six to eight months and adapt its strategy to market needs and conditions and business development.
Daanaa's technology extends beyond solar power to support many aspects of energy management and support the transition to clean energy. With wireless electric vehicle (EV) charging and vehicle-to-everything (V2X) functionality, Daanaa enables safe, efficient and convenient no-parking charging to return power to the grid to support electric infrastructure management. Its battery technology optimizes battery life, storage and overall system efficiency by closely monitoring and managing power conversion at the cell level. This global approach positions Daanaa as a provider of global solutions in the field of sustainable energy.
At the same time, the startup aims to build strong partnerships with manufacturers who share its vision and collaborate in the production, assembly and distribution of its technology. The company is also looking for opportunities to license its intellectual property and exploit its technology, particularly in the clean energy industry. Ultimately, Daanaa strives to build a strong network of investors and clients that are aligned with its mission and support each other in growth and development.
In short, Daanaa's energy trading technology has the potential to revolutionize the clean energy landscape. It is driving advances in electric vehicle charging, battery management systems and solar power, enabling efficient power transmission. With a focus on strong partnerships, licensing opportunities and collaboration with investors and customers, Daanaa strives to be at the forefront of sustainable energy solutions. As the world continues its clean energy transition, Daanaa's holistic approach and innovative technology are poised to impact the future of power generation and energy management.
Udi Daon, CEO of Daanaa
