Voltus Raises $150M in Series C

Voltus has successfully raised $150M in a Series C at a $600M valuation led by ArcTern Ventures, G2 Venture Partners, Activate Capital, Chrysalix Venture Capital.

Company Overview

Voltus is a Energy Tech company headquartered in 201 King of Prussia Road, Wayne, PA 19087, founded in 2016 with 300+ employees.

Distributed energy resource platform

Fundraising Details

Amount Raised: $150M
Round Type: Series C
Valuation: $600M
Date: 2024-10-23
Investors: ArcTern Ventures, G2 Venture Partners, Activate Capital, Chrysalix Venture Capital

About Voltus

Distributed energy resource platform The company is positioned in the Energy Tech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 201 King of Prussia Road, Wayne, PA 19087
Founded: 2016
Team Size: 300+
Industry: Energy Tech

What This Means

This funding round demonstrates strong investor confidence in Voltus's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Energy Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Voltus's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $600M valuation marks an important milestone for Voltus, positioning the company among notable players in the Energy Tech industry.

Looking Ahead

With this new capital, Voltus is well-positioned to execute on its growth strategy and continue building innovative solutions in the Energy Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-10-23. For more information about Voltus, visit their headquarters at 201 King of Prussia Road, Wayne, PA 19087.