Volteras Secures $11.1M in Series A Funding for Energy Data Streaming Platform

Volteras, a leading data streaming platform for the energy ecosystem, has successfully closed an oversubscribed Series A funding round of $11.1 million. The funding was led by Union Square Ventures, with participation from fleet card providers Wex and Edenred, as well as existing investors Exor and Long Journey Ventures. Wex and Edenred, servicing a combined 24 million vehicles, view Volteras as essential to their electric vehicle transition.

Volteras aims to revolutionize data flow within the energy ecosystem, connecting electric vehicles, chargers, and home batteries. Their partnerships with over 30 OEMs, including Ford, Mercedes-Benz, and Volkswagen Group AG, are setting new standards for energy and mobility businesses. The funding will enable Volteras to launch a new charging management service for fleets, emphasizing enterprise-grade security and data protection. By securely streaming OEM-authorized data, Volteras is helping businesses operate efficiently and sustainably while ensuring consumer data privacy.