Voya Energy

Voya Energy is a Hayward, California-based energy materials company pioneering a radically new class of fuel: metal fuels. The company's breakthrough technology converts abundant, high-energy, recycled metals into a powerful, safe, and durable fuel source capable of generating electricity anywhere on Earth - completely untethered from the grid. Voya is also developing a foundational new category of energy generation devices designed to deliver fast, reliable access to power in any environment, from remote industrial deployments to disaster relief scenarios. Founded by a team of deep energy technologists, Voya envisions a future where electricity is universally accessible, powered not by fossil fuels or intermittent renewables, but by a circular economy of recyclable metal fuels.

The company's significance lies in its potential to serve as a critical processed-materials layer in the US energy supply chain. Metal fuels represent a carbon-free, energy-dense alternative that can complement or replace hydrocarbons in off-grid and hard-to-decarbonize contexts. Unlike batteries, which store energy chemically and degrade over time, or hydrogen, which requires complex cryogenic or pressure infrastructure, metal fuels can be handled, transported, and deployed much like conventional fuels. The metals are recyclable post-combustion, creating a closed-loop energy system. This positions Voya at the intersection of advanced materials science, energy infrastructure resilience, and national security - particularly relevant given growing US interest in diversifying energy supply chains away from fossil fuel and rare-earth mineral dependencies.

Backed by a prestigious group of 12 investors including Energy Impact Partners and Founders Fund as co-leads, along with IQT (In-Q-Tel), Trust Ventures, 8090 Industries, SV Angel, Overmatch VC, Seven Stars VC, and Liquid 2 Ventures, Voya has assembled a world-class team of operators and researchers. The company launched publicly in November 2025 and has since moved quickly to build out its strategic advisory board. With founders who previously led breakthrough companies like Cuberg (acquired by Northvolt), Propel Fuels, and ONE, Voya is well-positioned to advance metal fuels from laboratory concept to commercial-scale energy infrastructure in the United States.