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Volterra delivers a universal edge-as-a-service platform, orchestrating, securing, and operating applications across diverse, distributed environments. Its "Edge 2.0" platform features a security-first, software-defined architecture, enabling a "build once, deploy globally" model for application delivery. The technology abstracts multi-cloud complexity using containers and APIs, enhancing enterprise application security and delivery.
Ankur Singla, formerly CEO of Contrail at Juniper Networks, co-founded Volterra with Harshad Nakil, its CTO, around 2017. Their insight recognized the inadequacy of existing edge solutions for managing complex multi-cloud enterprises. They envisioned an open edge platform, freeing businesses from restrictive systems and fostering adaptive application experiences.
Volterra caters to enterprises and service providers navigating application management across data centers, public clouds, and the network edge. Its vision centers on establishing an infinitely scalable, security-first, and app-driven edge platform. This focus aims to extend application security leadership and capture growth within key segments of the total addressable market.
Volterra has raised $50.0M across 1 funding round.
Volterra has raised $50.0M in total across 1 funding round.
Volterra has raised $50.0M in total across 1 funding round.
Volterra's investors include Alpha Prime Fund, Altair Capital Management, AME Cloud Ventures, Benchmark, Elaia Partners, Felicis Ventures, Founders Fund, Giant Ventures, Hardware Club, Khosla Ventures, M33 Growth, Mayfield.
Volterra has raised $50.0M across 1 funding round. Most recently, it raised $50.0M Series U in November 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2019 | $50M Series U | — | Alpha Prime Fund, Altair Capital Management, AME Cloud Ventures, Benchmark, Elaia Partners, Felicis Ventures, Founders Fund, Giant Ventures, Hardware Club, Khosla Ventures, M33 Growth, Mayfield, Partech Ventures, Sound Ventures, Trucks Venture Capital, Y Combinator, Aaron Levie, Dustin Moskovitz, Jeff Bezos, Marc Benioff, SAM Altman, Steve Brown | Announced |
Volterra Technologies is a Vancouver, BC-based technology company founded in early 2020, specializing in innovative digital solutions for electric vehicle (EV) fleet management and battery health monitoring.[1][3][4] It builds EVCare, a cloud-based "virtual battery engineer" software platform that provides real-time insights into EV battery health, enabling fleet managers to analyze, diagnose, optimize, and solve battery issues proactively, extending battery life by up to 15% while reducing costs and supporting decarbonization.[3][4] Serving EV fleet operators transitioning to clean energy, Volterra addresses key barriers like battery performance uncertainty in e-mobility, helping lower total cost of ownership and accelerate zero-emission adoption amid global shifts away from fossil fuels.[1][4]
A separate entity, Volterra Technology, focuses on advanced energy storage systems like the Volterra BATTERY X, targeting industries needing efficient stationary battery solutions for reliable clean energy in remote and urban areas.[2][5] This positions both as enablers of the clean energy transition, with Volterra Technologies emphasizing software for EV fleets and Volterra Technology hardware for broader storage needs.[1][2][4]
Volterra Technologies Inc. was founded in early 2020 in Vancouver, BC, with a mission to deliver data platforms tackling EV battery challenges as fleets electrify.[3][4] Emerging amid rising zero-emission demands, the company developed EVCare in response to the "technology gap" in fleet maintenance, leveraging data mining and AI to provide actionable battery health insights—pivotal for early traction in a market hungry for tools that prevent costly downtime.[1][4] Its long-term vision extends beyond EVs to broader energy storage, aligning with global decarbonization efforts.[4]
Volterra Technology, meanwhile, formed through strategic international partnerships, prioritizes revolutionary energy storage to end fossil fuel reliance, uniting a global team committed to universal electricity access via advanced batteries.[2] Specific founding details are less documented, but its focus on cost-effective manufacturing and clean energy storage marks it as a hardware innovator in the sector.[2][5]
Volterra Technologies stands out in EV fleet management through:
Volterra Technology differentiates via:
Volterra Technologies rides the EV fleet electrification wave, capitalizing on market forces like regulatory decarbonization mandates, falling battery costs, and corporate net-zero pledges, which demand tools to manage the "mysteries of complex battery performance."[1][4] Its timing aligns with surging e-mobility adoption, where fleet operators face high TCO from battery degradation—EVCare fills this void, influencing the ecosystem by enabling scalable clean transport and reducing reliance on fossil fuels.[4]
Volterra Technology taps into the stationary energy storage boom, essential for intermittency in solar, wind, and hydro, amid global pushes to end the fossil fuel era.[2] Both entities amplify the clean energy transition: software like EVCare accelerates EV uptake, while hardware like BATTERY X ensures grid stability, collectively driving down emissions and shaping a resilient energy infrastructure.[2][5]
Volterra Technologies is poised for growth as EV fleets proliferate, with EVCare evolving via AI enhancements to cover broader energy storage analytics, potentially capturing market share in logistics and public transit.[4] Rising demand for battery longevity amid supply chain strains will favor its predictive edge. Volterra Technology could scale BATTERY X globally through partnerships, targeting off-grid and urban storage needs as renewables dominate.[2]
Shaping trends include AI integration for hyper-precise health monitoring and policy-driven storage subsidies; their influence may expand by fostering ecosystem partnerships, solidifying roles as clean energy enablers from Vancouver's tech hub. This builds on their core strength: demystifying batteries to unlock sustainable mobility and power.[1][2][4]
