TeraWatt Technology is a manufacturer of next-generation lithium-ion batteries, focused on producing lighter, smaller, more powerful, and safer cells at industrial scale. The company operates a mass production facility in Shizuoka, Japan, which has achieved ISO9001 certification, and leverages a combination of AI and skilled craftsmanship in its proprietary TeraSpace development environment. TeraWatt's batteries target the electric vehicle and energy storage markets, with strategic partnerships with energy companies to accelerate deployment. The company has attracted talent from Tesla, Apple, Nissan LEAF, and FREYR Battery. Founded in 2017 and headquartered in Santa Clara, California, TeraWatt has raised $5.0M in Series C funding from investors including Temasek, Khosla Ventures, Scrum Ventures, Coral Capital, Daikin, JAFCO Group, Development Bank of Japan, and Rakuten Capital.
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TeraWatt Technology
Series CTeraWatt Technology is a manufacturer of next-generation lithium-ion batteries, focused on producing lighter, smaller, more powerful, and safer cells at industrial scale. The company operates a mass production facility in Shizuoka, Japan, which has achieved ISO9001 certification, and leverages a combination of AI and skilled craftsmanship in its proprietary TeraSpace development environment. TeraWatt's batteries…
About
Business model
Energy Storage Tech > Battery > Secondary Battery > Lithium Ion
Team background
College Wise > University of Cambridge, The University of Tokyo
Institutional investors
TemasekKhosla VenturesScrum VenturesCoral CapitalDaikinJAFCO GroupDevelopment Bank of JapanJIC Venture Growth InvestmentsRakuten CapitalMori TrustGLIN Impact CapitalJAFCOINPEXJapan Bank for International CooperationGxa
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