TeraWatt Infrastructure builds and owns fleet-focused EV charging centers and a charging-focused property portfolio, combining asset financing, project development, and charging and energy management expertise. The company acquires properties in locations strategically relevant to fleets and develops the energy and charging infrastructure necessary to operate at scale. Its Charging Centers offer reservable, reliable space and high-power charging for light, medium, and heavy-duty commercial fleets across metro areas, logistics hubs, and key highway corridors. TeraWatt launched out of stealth in May 2021 and is led by co-founder and CEO Neha Palmer. The company has attracted increased commitments from existing investors and new institutional capital to support growth. TeraWatt secured more than $1 billion in committed capital to accelerate its portfolio buildout and hire talent to support expansion.

Total raised

$1.0B

Funding rounds

1

Latest round

Series A

Latest activity

Sep 2022