About Volta Trucks
Volta Trucks is a company based in Stockholm (Sweden) founded in 2019 by Carl Magnus Norden. Volta Trucks has raised $386.04 million across 5 funding rounds from investors including Proterra, Agility and Bund.de. Volta Trucks offers products and services including Volta Zero. Volta Trucks operates in a competitive market with competitors including Arrival, Einride, Tevva, Oxa and GAUSSIN MANUGISTIQUE, among others.
- Headquarter Stockholm, Sweden
- Founders Carl Magnus Norden
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Volta Commercial Vehicles
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Annual Revenue
Not available
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Net Profit
-$10.87 M (USD)-1195as on Jun 30, 2021
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EBITDA
-$12.95 M (USD)-1166as on Jun 30, 2021
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Total Equity Funding
$386.04 M (USD)
in 5 rounds
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Latest Funding Round
$15.91 M (USD), Grant
Mar 10, 2023
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Investors
Proterra
& 5 more
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Employee Count
Not available
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Products & Services of Volta Trucks
Volta Trucks offers a comprehensive portfolio of products and services, including Volta Zero.
Purpose-built 16-tonne electric truck for sustainable urban delivery operations.
People of Volta Trucks
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Funding Insights of Volta Trucks
Volta Trucks has successfully raised a total of $386.04M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $15.91 million completed in March 2023. 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.
Investors in Volta Trucks
Volta Trucks has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Proterra, Agility and Bund.de.
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Private equity firm focused on logistics, transportation, industrial real estate, and technologies
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WayPoint Capital Partners is focused on private equity investments.
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Investor details for Volta Trucks
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Investments & Acquisitions by Volta Trucks
Investment portfolio details for Volta Trucks
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Financial Statements - Volta Trucks
Detailed financials for Volta Trucks
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Volta Trucks Comparisons
Peer comparison for Volta Trucks
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Competitors of Volta Trucks
Volta Trucks 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 Arrival, Einride, Tevva, Oxa and GAUSSIN MANUGISTIQUE, among others.
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Multi-category commercial electric vehicles, including buses and vans, are manufactured.
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Autonomous electric trucks are manufactured for freight and emissions management.
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Electric and hydrogen trucks are designed and manufactured by Tevva.
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Online platform offering autonomy software for self-driving vehicles
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Over-dimensional cargo handling and transportation services are provided.
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Detailed competitors of Volta Trucks
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Latest news on Volta Trucks
Complete news archive for Volta Trucks
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Frequently Asked Questions about Volta Trucks
Volta Trucks was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Volta Trucks is headquartered in Stockholm, Sweden.
Essa Al Saleh is the current CEO of Volta Trucks.
Volta Trucks is a funded company, having raised a total of $386.04M across 5 funding rounds to date.
Volta Trucks was founded in 2019 in Stockholm, Sweden, within the electric vehicle sector. Electric trucks are manufactured, incorporating batteries of 160-200 kWh and payloads up to 8,600 kg. Biodegradable and vegan materials are used in body construction, while low driver cabins are integrated for urban operations. Electrified fleets and drivetrains are also developed to support logistics needs.
Volta Trucks offers Volta Zero.
Volta Trucks has 6 investors. Key investors include Proterra, Agility, Bund.de, Luxor Capital Group, and WayPoint Capital Partners.
The valuation of Volta Trucks is $705.5M as of Sep 2021.