South African Clean-tech Startup, Brayfoil, Secures Funding
Brayfoil Technologies, a clean-tech startup based in Johannesburg, has received an undisclosed amount of funding from Katapult Ocean. Furthermore, the innovative tech startup has been chosen to participate in the Katapult ocean accelerator program, which will begin at the end of this year.
“We’re immensely proud to be a part of the Katapult family, they are one of the Top 50 climate investors in the world and we look forward to scaling an African-born technology with their support,” Matthew Bray, Co-Founder and CEO of Brayfoil Technologies said.
Brayfoil Technologies, founded in 2017, is a clean-tech firm that has developed a compliant structure as well as morphing aerofoil research and design. This has been accomplished by the tech startup by developing and applying cutting-edge technology for increased efficiency and cost savings.
Read also Kenya’s Tala Expands Its Fintech Offering To Crypto After A Record $145m Funding Round
The tech startup collaborates with research institutes and business clients to incorporate morphing technology into the design, testing, and manufacturing of renewable energy and other industry goods.
Brayfoil technologies, which cater to businesses that use renewable energy systems like wind turbines, can help them save money by using biomimicry-inspired compliant structures that “change shape like a bird’s wing.” Larger turbines and cheaper energy costs are the goals of the clean-tech startup.
Read also Revolutionalising Legal Practice With Technology
More information is provided by Shailin Moodley, Lead Aeronautical Engineer at Brayfoil Technologies.
“The future of the energy transition relies on enabling technologies to bring down costs and increase outputs, which is exactly what we are building.”
Brayfoil South African Brayfoil South African
Charles Rapulu Udoh
Charles Rapulu Udoh is a Lagos-based lawyer who has advised startups across Africa on issues such as startup funding (Venture Capital, Debt financing, private equity, angel investing etc), taxation, strategies, etc. He also has special focus on the protection of business or brands’ intellectual property rights ( such as trademark, patent or design) across Africa and other foreign jurisdictions.
He is well versed on issues of ESG (sustainability), media and entertainment law, corporate finance and governance.
He is also an award-winning writer