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Funding round

VoltaGrid Growth

Reported as "Growth Equity"

VoltaGrid, which works in energy generation and management services in Houston, raised $1.00B in a Growth round announced on 11 May 2026. 2 firms took part. It is VoltaGrid's fourth venture round on record; the one before was a Growth in Sep 2023.

$1.00B

Amount raised

Not disclosed

Post-money valuation

2

Investors

no lead named

Valuation

What this round says about the price

VoltaGrid did not disclose a valuation in this round. It came 32 months after VoltaGrid's Growth. It is 46% of the $2.16B VoltaGrid has raised in the venture rounds on record. VoltaGrid raised again 5 months later: a Growth round of $775M in Oct 2026.

VoltaGrid's funding rounds

VoltaGrid has 5 venture rounds on record and 1 other deal. This one is highlighted.

  1. Growth 3 Feb 2021, led by Canada Pension Plan Investment Board $73M
  2. Growth 20 Dec 2021 $100M
  3. Growth 1 Sep 2023 $210M
  4. Debt not a venture round 4 Mar 2024 $550M
  5. Growth this round 11 May 2026 $1.00B
  6. Growth 5 Oct 2026 $775M

Investors

Who put money in

2 firms took part; no lead investor was named.

Investors

  • Blackstone backs 83 venture-backed companies new investor
  • Halliburton Company new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, scaling operations and acquisitions.

  • Product development
  • Scaling operations
  • Acquisitions

Comparable rounds

How it compares

12 Growth rounds in Electric Supplies & Power Generation within a year either side disclosed an amount; the median was $88M, and this round was 11 times the median. The closest in time, other companies' Growth rounds in Electric Supplies & Power Generation:

Growth rounds in Electric Supplies & Power Generation, May 2025 to Oct 2026: 12 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Valar Atomics Electric Supplies & Power Generation2 Apr 2026$450M$2.00Bnot named
Blue Energy Electric Supplies & Power Generation21 Apr 2026$380Mnot disclosedVXI Capital
Electric Supplies & Power Generation5 Jun 2026$46Mnot disclosedS2G Investments
Electric Supplies & Power Generation2 Feb 2026$30Mnot disclosedNordic Alpha Partners
Electric Supplies & Power Generation5 Feb 2026$27Mnot disclosedUltra Capital
Electric Supplies & Power Generation5 Aug 2026$22Mnot disclosedBarclays Climate Ventures and PXN Ventures
Electric Supplies & Power Generation21 Sep 2026$100Mnot disclosedSamsung C&T
Electric Supplies & Power Generation6 Oct 2026$6.00Bnot disclosednot named

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 $1.00B in its Growth round, announced in May 2026.

Which investors took part in VoltaGrid's Growth round?

Blackstone and Halliburton Company.

What was VoltaGrid's valuation at the Growth round?

It was not disclosed.

How does it compare with other Growth rounds in Electric Supplies & Power Generation?

12 Growth rounds in Electric Supplies & Power Generation within a year either side disclosed an amount; the median was $88M, and this round was 11 times the median.

Did VoltaGrid raise again after this round?

Yes: a Growth round in Oct 2026 of $775M.