Funding round
VoltaGrid Growth
Reported as "Growth Equity"
VoltaGrid, which works in energy generation and management services in Houston, raised $100M in a Growth round announced on 20 Dec 2021. 4 firms took part. It is VoltaGrid's second venture round on record; the one before was a Growth in Feb 2021.
$100M
Amount raised
Not disclosed
Post-money valuation
4
Investors
no lead named
Valuation
What this round says about the price
VoltaGrid did not disclose a valuation in this round. It came 10 months after VoltaGrid's Growth. It is 4.6% of the $2.16B VoltaGrid has raised in the venture rounds on record. VoltaGrid raised again 21 months later: a Growth round of $210M in Sep 2023.
VoltaGrid's funding rounds
VoltaGrid has 5 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
4 firms took part; no lead investor was named.
Investors
- Canada Pension Plan Investment Board new investor
- backs 5 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- Walter Ventures new investor
Comparable rounds
How it compares
The closest in time, other companies' Growth rounds in Electric Supplies & Power Generation:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Electric Supplies & Power Generation | 18 Aug 2022 | $100M | not disclosed | SK Inc. and SK Energy |
| Terawatt Electric Supplies & Power Generation | 13 Sep 2022 | $1.00B | not disclosed | not named |
| Electric Supplies & Power Generation | 30 Sep 2022 | $180M | not disclosed | not named |
| Turntide Electric Supplies & Power Generation | 3 Mar 2021 | $80M | not disclosed | Breakthrough Energy |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did VoltaGrid raise in its Growth round?
VoltaGrid raised $100M in its Growth round, announced in Dec 2021.
Which investors took part in VoltaGrid's Growth round?
Canada Pension Plan Investment Board, Longbow Capital, Pilot Growth Equity and Walter Ventures.
What was VoltaGrid's valuation at the Growth round?
It was not disclosed.
Did VoltaGrid raise again after this round?
Yes: a Growth round in Sep 2023 of $210M.