About Kwetta
Kwetta is a company based in Napier (New Zealand) founded in 2021 by Robert Turner, Dustin Murdock, and Mike Lazelle. Kwetta has raised $10.5 million across 1 funding round from investors including Blackbird Ventures, Virescent Ventures and Icehouse Ventures. Kwetta operates in a competitive market with competitors including Driivz, Fermata Energy, Electric Miles, Hive Power and IoTecha, among others.
- Headquarter Napier, New Zealand
- Founders Robert Turner, Dustin Murdock, Mike Lazelle
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$13.35 M (USD)67.02as on Mar 31, 2023
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Net Profit
$1.62 M (USD)27.55as on Mar 31, 2023
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EBITDA
$2.28 M (USD)25.37as on Mar 31, 2023
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Total Equity Funding
$10.5 M (USD)
in 1 rounds
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Latest Funding Round
$10.5 M (USD), Series A
Jan 30, 2025
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Investors
Blackbird Ventures
& 2 more
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Employee Count
Employee Count
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People of Kwetta
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Funding Insights of Kwetta
Kwetta has successfully raised a total of $10.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.5 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $10.5M
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First Round
First Round
(30 Jan 2025)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Kwetta | Valuation |
investors |
Investors in Kwetta
Kwetta has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Blackbird Ventures, Virescent Ventures and Icehouse Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in seed, early, and later-stage tech companies.
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Founded Year | Domain | Location | |
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Virescent Ventures is focused on climate tech venture capital investments.
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Founded Year | Domain | Location | |
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PE fund focused on high growth companies of New Zealand
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Founded Year | Domain | Location |
Investments & Acquisitions by Kwetta
Financial Statements - Kwetta
Kwetta Comparisons
Competitors of Kwetta
Kwetta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Driivz, Fermata Energy, Electric Miles, Hive Power and IoTecha, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for EV charging operations and management is offered.
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| domain | founded_year | HQ Location |
Vehicle-to-grid systems are developed for electric vehicle energy storage.
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| domain | founded_year | HQ Location |
Provider of solutions to stability of the EV charging grid
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| domain | founded_year | HQ Location |
Charging optimization solutions for EV station networks are provided.
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| domain | founded_year | HQ Location |
Smart EV chargers are provided for network and vehicle agnosticism.
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Latest news on Kwetta
Frequently Asked Questions about Kwetta
Kwetta was founded in 2021 and raised its 1st funding round 4 years after it was founded.
Kwetta is headquartered in Napier, New Zealand. It is registered at Napier, Hawke's Bay, New Zealand.
Dustin Murdock is the current CEO of Kwetta. They have also founded this company.
Kwetta is a funded company, having raised a total of $10.5M across 1 funding round to date. The company's 1st funding round was a Series A of $10.5M, raised on Jan 30, 2025.
Annual revenue of Kwetta is $13.35M as on Mar 31, 2023.
Grid management solutions for EV station operators. The company provides high-voltage power electronics and grid-connected power conditioning systems.
Kwetta's top competitors include Driivz, Fermata Energy and Hive Power.
Kwetta has 3 investors. Key investors include Blackbird Ventures, Virescent Ventures, and Icehouse Ventures.