Terawatt Raises Over $1 Billion To Scale Commercial Ev Charging Centers Across America
Amount Raised
$1 Billion
Round Type
Funding Round
San FranciscoEnergySolarAutomotiveElectric VehicleFleet ManagementDescription
TeraWatt Infrastructure (“TeraWatt” or the “Company”), a company powering electrified fleets with the most reliable network of charging centers, today announced that it has secured more than $1 billion of institutional capital to support the buildout of its fleet-focused charging centers and operations. Funds managed by Vision Ridge Partners have invested in TeraWatt alongside existing investors Keyframe Capital and Cyrus Capital, both of which have increased their commitments to the Company. The Company expects to use the over $1 billion committed to accelerate its next phase of development and expansion, which is focused on the buildout of a growing portfolio of charging centers and adding talent to the team to support this work.
Quick answer
TeraWatt Infrastructure raised $1 Billion in a Funding Round round, dated September 13, 2022. TeraWatt Infrastructure is based in San Francisco, California, United States.
- How much did TeraWatt Infrastructure raise?
- TeraWatt Infrastructure raised $1 Billion in a Funding Round round on September 13, 2022.
- What does TeraWatt Infrastructure do?
- The company focuses on powering electrified fleets of cars and trucks with a network of solar-powered charging stations.
- Where is TeraWatt Infrastructure based and how big is it?
- TeraWatt Infrastructure is based in San Francisco, California, United States. Fundz records about 94 employees.
- Who are the decision-makers at TeraWatt Infrastructure?
- Fundz holds 2 contacts at TeraWatt Infrastructure, including the Chief Product & Strategy Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Solar around the same time
Companies in the same sectors as TeraWatt Infrastructure that raised within 45 days of this round, from Fundz verified event records.
- Aptera Motors raised $709K (Seed) on August 25, 2022.
- Ionblox raised $24M (Series B) on October 26, 2022.
- Amprius Technologies raised $1M (Seed) on September 27, 2022.
- Ather Energy raised $50M (Funding Round) on October 18, 2022.
- Pulpo raised $8M (Funding Round) on October 18, 2022.
- Doral raised $1.1B (Funding Round) on October 18, 2022.
Who to call at TeraWatt Infrastructure, and when
A new round usually means TeraWatt Infrastructure is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day TeraWatt Infrastructure raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TeraWatt Infrastructure, from your own LinkedIn network
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Related People
TeraWatt Infrastructure raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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