#London #UK #Series A #Volteras #Energy Data

Volteras Secures $11.1 Million Series A Funding to Innovate Energy and Mobility Data

On May 29, 2025, Volteras, a pioneering data streaming platform for the energy sector, revealed the successful closure of an oversubscribed Series A funding round amounting to $11.1 million. This significant achievement is led by Union Square Ventures, a well-known player renowned for early investments in successful tech companies including Twitter. Additionally, the funding round saw participation from key fleet card providers Wex and Edenred, along with existing investors Exor and Long Journey Ventures.

Wex and Edenred, companies that jointly service around 24 million vehicles, have recognized the pivotal role that Volteras' technology could play in their transition to electric vehicles. David Klein, Head of WEX Venture Capital, expressed enthusiasm about the potential of Volteras' platform, stating, "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." Moreover, Norbert Furnion, Managing Partner at Edenred Ventures, emphasized that the innovative capabilities of Volteras’ technology are rapidly evolving, with their focus on official data partnerships distinguishing them in the market.

Meanwhile, Peter Wilson, CEO and co-founder of Volteras, shared his excitement regarding the backing of these prestigious investors who envision a transformation in the energy data ecosystem. He stated, "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 aims to revolutionize data interchange between electric vehicles (EVs), chargers, and home batteries—an endeavor that mirrors how Plaid connected financial institutions in the banking sector. With a strategic, partnership-driven approach, Volteras has successfully integrated over 30 original equipment manufacturers (OEMs), including renowned names like Ford, Mercedes-Benz, and Volkswagen Group AG. Their ambition is to create an ecosystem where every aspect of EV ownership—from purchasing to charging to insurance—will be integrated seamlessly via a single data platform, emphasizing fast, stable, and secure data streaming.

Businesses spanning fleet management, charging solutions, and virtual power plants will benefit from the high-quality data streaming offered by Volteras. Alistair Colam from Mobilisights, a data business unit of Stellantis, noted, "Through our partnership with Volteras, more businesses in the energy and mobility sectors can access real-time, multi-brand vehicle data. This unlocks new opportunities for fleet optimization, preventive maintenance, and smarter energy management—empowering Volteras' customers to operate more efficiently and sustainably."

A Full Lifecycle Vision for Consumers and Businesses

The ultimate objective of Volteras is to establish the world’s largest energy data platform by collaborating with automakers and energy leaders. The advantages are vast, benefiting both consumers and businesses alike.

- For Businesses: Volteras will facilitate fleet optimization, preventive maintenance, and grid demand balancing through real-time data capabilities. This will enable energy companies to balance grid demand more effectively by adjusting energy consumption during peak times.

- For Consumers: The technology will foster usage-based insurance options, smart charging solutions, and provide battery health reports to enhance transparency in the used EV market. Furthermore, Volteras’ API aims to link an EV to home energy management systems, enabling consumers to optimize energy use, monitor carbon footprints, and ensure their charging sources are renewable.

Driving Innovation with Series A Funding

With this latest funding infusion, Volteras plans to:

- Expand partnerships with global automakers and energy device makers.
- Recruit additional software engineers, data scientists, and energy product experts.
- Collaborate with partners such as Octopus Electric Vehicles and Hitachi ZeroCarbon to introduce new EV services.

Hitachi ZeroCarbon will leverage Volteras' technology to launch a new charging management service designed to assist fleets in transitioning to electric, without requiring hardware installation. CTO Jim Donaldson commented on the advantages of outsourcing energy data, noting that Volteras simplifies the acquisition of automaker data, allowing for rapid customer onboarding.

Enterprise-Grade Security

In an era of heightened cybersecurity concerns, Volteras prioritizes the protection of sensitive data like vehicle telematics and access commands. All data is transmitted through OEM-authorized integrations and secure channels to mitigate exposure to vulnerabilities. By using only authorized data streams, Volteras substantially reduces the risk associated with handling delicate information, ensuring that personal identifiable information remains confidential, with access granted solely on owner consent related to their vehicle data.

About Volteras

Established in London, Volteras stands as a top-tier data streaming platform for the energy ecosystem, effectively connecting vehicles, chargers, and energy systems in a secure and efficient manner. Through its OEM-authorized data integrations, Volteras is redefining operational standards for energy and mobility enterprises.

For more information, you can reach out through: