Voltera Power

Voltera Power

Turnkey EV charging depots operator

Overview

Voltera Power provides turnkey charging infrastructure as a service for zero-emission vehicle (ZEV) fleets, owning and operating complete charging depots. It handles site acquisition, power procurement, engineering, construction, commissioning, and ongoing operations and maintenance, funding the capital expenditure and charging fleets for depot access to maximize uptime. The company delivers an end-to-end solution that combines real estate, power, hardware, software, and operations, setting it apart from providers that pass on infrastructure costs to operators. Its goal is to remove cost and execution barriers to fleet electrification and enable widespread adoption of reliable, scalable ZEV charging at scale.

About Voltera Power

Simplify's Rating
Why Voltera Power is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Industrial & Manufacturing

Energy

Enterprise Software

Real Estate

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$159.6M

Headquarters

California

Founded

2022

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Simplify's Take

What believers are saying

  • Secured $150M funding including $100M ING/Investec debt and $50M KfW loan.
  • $9.6M federal grant electrifies ports in Savannah, Los Angeles, Long Beach.
  • Plans eight new sites opening in 2025, expanding 22-site 115MW portfolio.

What critics are saying

  • Forum Mobility's $250M subsidized leasing captures LA/Long Beach port fleets.
  • Electrify America/NFI's 7MW resilient depot undercuts Voltera's grant sites.
  • High debt from $150M facilities triggers crisis if Rivian delays trucks.

What makes Voltera Power unique

  • Voltera spun out of EdgeConneX in 2022, applying data center expertise to EV charging.
  • Turnkey service covers site acquisition, power procurement, construction, and operations.
  • Led by CEO Matt Horton with Rivian and Proterra fleet charging experience.

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Funding

Total Funding

$159.6M

Above

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Vision Insurance

Dental Insurance

Paid Vacation

401(k) Retirement Plan

Remote Work Options

Flexible Work Hours

Unlimited Paid Time Off

Wellness Program

Mental Health Support

Conference Attendance Budget

Professional Development Budget

Stock Options

Company Equity

Home Office Stipend

Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-8%

2 year growth

0%
Asset Publishing and Research Limited
Nov 27th, 2024
Voltera secures US$150 million to expand EV charging sites

Voltera secures US$150 million to expand EV charging sites

Transport Topics
Nov 19th, 2024
Voltera Secures $50M for Expansion Plans

Voltera, a charging infrastructure developer, raised $50 million from KfW IPEX-Bank to support its expansion plans. The company recently acquired two development sites in California, increasing its portfolio to 22 sites across several states. Voltera, backed by Swedish investment house EQT, also secured $100 million in debt financing in August. The funds will be used to expand its facilities, with eight new sites set to open in 2025.

MobilityPlaza
Oct 18th, 2024
Voltera acquires two new truck charging sites in California

Voltera acquires two new truck charging sites in California.

Fleet News Daily
Oct 16th, 2024
Voltera Expands Electric Truck Charging Infrastructure with Two New Strategic Sites in California

Voltera, developer, owner, and operator of charging infrastructure for zero-emission vehicle (ZEV) fleets, announced the acquisition of two new ZEV infrastructure development sites.

Business Wire
Aug 14th, 2024
Voltera Secures First-of-its-Kind $100 Million Debt Facility from ING and Investec

Voltera, a leading developer, owner, and operator of charging infrastructure for zero-emission vehicle (ZEV) fleets, today announced it has secured a

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