Volteras Scores $11.1M Series A to Revolutionize Energy Data
Deal News | May 29, 2025 | PR Newswire Cision Volteras
Volteras, a leading UK-based data streaming platform specializing in the energy ecosystem, successfully closed its $11.1 million Series A funding round. The round was led by Union Square Ventures, with significant participation from fleet card providers Wex and Edenred, as well as previous investors such as Exor and Long Journey Ventures. Volteras is leveraging this funding to expand its partnerships with automakers and energy device manufacturers and to scale its team. The company aims to revolutionize the way data is integrated between electric vehicles, chargers, and home batteries, fostering new opportunities for fleet optimization and smart energy management. The latest funding will also enable Volteras to support new partners like Octopus Electric Vehicles and Hitachi ZeroCarbon as they launch innovative EV services. Through high-quality, secure data streaming authorized by OEMs, Volteras serves companies and consumers alike, offering solutions like usage-based insurance and smart charging. With its emphasis on enterprise-grade security and official data partnerships, Volteras is poised to become a foundational player in the energy and mobility sectors.
Sectors
- Energy Technology
- Mobility
- Venture Capital
Geography
- United Kingdom – Volteras is founded in London and continues to lead innovations in the energy and mobility space from its UK base.
- United States – Union Square Ventures, the leading investor in Volteras' funding round, is based in the United States, representing significant American interest and investment in the company.
Industry
- Energy Technology – The article focuses on Volteras' platform which integrates and streams data between electric vehicles, energy providers, and other tech-driven networks in the energy ecosystem.
- Mobility – Volteras aims to facilitate the transition to electric vehicles and optimize data usage for mobility services, indicating its central role in the evolving mobility industry.
- Venture Capital – The article discusses a Series A funding round led by Union Square Ventures, highlighting the active role of venture capital in financing the growth of innovative tech companies like Volteras.
Financials
- $11.1 million – The amount raised by Volteras in its Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Volteras | Target Company | Company | A data streaming platform that integrates energy and mobility data between electric vehicles, chargers, and home batteries. |
| Union Square Ventures | Lead Investor | Company | A notable venture capital firm known for early investments in technology-driven companies. |
| Wex | Investor | Company | A fleet card provider investing in Volteras to support its transition to electric vehicles. |
| Edenred | Investor | Company | A fleet card provider participating in the funding round, recognizing Volteras' technological potential. |
| Exor | Existing Investor | Company | An existing investor continuing to support Volteras' growth and development in the energy data space. |
| Long Journey Ventures | Existing Investor | Company | Another existing investor involved in supporting Volteras' innovative data streaming technology. |
| Peter Wilson | CEO | Person | The CEO and co-founder of Volteras, leading the company’s mission to transform energy data integration. |
| David Klein | Head of WEX Venture Capital | Person | Commented on the potential of Volteras' platform to optimize fleet data and energy use. |
| Norbert Furnion | Managing Partner at Edenred Ventures | Person | Discussed Edenred Ventures’ view of Volteras' expansive technology potential in energy and mobility sectors. |
| Jim Donaldson | CTO of Hitachi ZeroCarbon | Person | Explained the benefits of using Volteras’ data for launching new EV services. |