Volteras Raises $11.1 Million Series A to Transform Energy and Mobility Data

LONDON, May 29, 2025 /PRNewswire/ -- Volteras, the leading data streaming platform for the energy ecosystem, today announced the close of its $11.1 million oversubscribed Series A funding round.

This milestone was spearheaded by Union Square Ventures, known for early investments in companies like Twitter, and included participation from fleet card providers Wex and Edenred, alongside existing investors, Exor and Long Journey Ventures.

Wex and Edenred have a combined 24 million vehicles that they service. They see Volteras as a vital part of their transition to electric vehicles. David Klein, Head of WEX Venture Capital, said: "WEX serves over 19 million vehicles across our fleet customers, and we see enormous potential in Volteras' platform to help fleets unlock the power of their data." Edenred Ventures Managing Partner, Norbert Furnion, added "The potential applications of their technology—both within Edenred and across the broader mobility and energy software ecosystem—are expanding rapidly. Their focus on official data partnerships sets them apart, and positions them to become a foundational player in this evolving landscape."

"We're thrilled to have the support of world class investors who share our vision to transform the energy data ecosystem," said Peter Wilson, CEO and co-founder of Volteras. "This funding enables us to accelerate part of our mission to securely connect automakers, energy providers, and mobility platforms in unprecedented ways to enable a new generation of energy and mobility apps."

Redefining the Energy Ecosystem

Volteras is revolutionizing the way data flows between electric vehicles (EVs), chargers and home batteries in the energy ecosystem, similar to how Plaid connected data between banks in the financial ecosystem.

Starting with a transparent, partnership-based approach. The startup has integrated over 30 OEMs (original equipment manufacturers), and its partnerships include Ford, Mercedes-Benz and Volkswagen Group AG. The startup is working to create a world where every aspect of EV ownership- from purchase to charging to insurance- seamlessly integrates through a single data platform. A platform that ensures fast, stable, and secure data streaming. Businesses from fleet and charging management to virtual power plants, insurance providers and more, can grow revenue and improve operational efficiencies via Volteras' high-quality data streaming.