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Energy Tech Series C Founded 2017

TeraWatt Technology

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…

📍 Santa Clara, United States · Energy Storage Tech

Funding snapshot

Last roundSeries C
Amount$5M
Date8 April 2026
Total raised$5M
Team size33

About

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.

Business model

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion

Team background

College Wise > University of Cambridge, The University of Tokyo

Institutional investors

Temasek Khosla Ventures Scrum Ventures Coral Capital Daikin JAFCO Group Development Bank of Japan JIC Venture Growth Investments Rakuten Capital Mori Trust GLIN Impact Capital JAFCO INPEX Japan Bank for International Cooperation Gxa

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