Volta Industries

Founded in 2010 and based in California, US, Volta Industries, Inc. operates as a provider of electric vehicle charging stations and partners with brands to enable drivers to charge their cars for free. The company was co-founded by CEO Scott Mercer, President Christopher Wendel, and Head of Engineering Michael Menendez. In January 2023, Shell USA, Inc. acquired Volta Industries, Inc. for USD 169 million. The acquisition enables Shell USA, Inc. to accelerate decarbonization of the transportation sector. Volta's business model centers around evolving spending habits caused by the move to electric vehicles by building a charging infrastructure that reinforces desired behaviors at each location. Volta's charging stations feature are digital displays that function as a media network, providing brands a way to reach shoppers moments before they enter a store. The company's charging stations benefit brands, consumers, and real-estate locations by providing valuable advertising space to businesses and free charging to drivers.

1. Series D

   Jan 19, 2021

   Amount

   $125M

   Investors

   Locked

2. Series C

   Aug 24, 2020

   Amount

   Undisclosed

   Investors

   Locked

3. Series C

   Jun 6, 2019

   Amount

   $12M

   Investors

   Locked

4. Series C

   Jul 16, 2018

   Amount

   $21M

   Investors

   Locked

5. Series B

   Oct 21, 2016

   Amount

   $12M

   Investors

   Locked

6. Series A

   Dec 15, 2014

   Amount

   $5.7M

   Investors

   Locked

7. Seed

   Jan 9, 2014

   Amount

   Undisclosed

   Investors

   Locked

8. Seed

   Apr 30, 2013

   Amount

   $0M

   Investors

   Locked