One of the most exciting trends in energy is the rise of programmable power. Energy devices have become increasingly software-controllable. Developers can now build large virtual energy systems out of many small decentralized assets.

We’ve been investing across the programmable power stack from foundational hardware to app-layer networks. At present, app developers have to navigate a fragmented landscape of energy hardware. Virtual power plants, for example, have to control devices from electric vehicles to inverters, each category with its own heterogeneous mix of brands and models. Managing integrations with Ford, Tesla, Enphase, and others isn’t something any startup wants to have to figure out before it can start building for its customers. This realization led us to look for a trusted platform to connect developers with all of the different devices they need access to.

Volteras is building exactly that. Their platform abstracts away the complexity of working with different OEMs. Instead, developers can quickly and reliably read data from and control a wide range of devices through a single API.

We were impressed by the speed with which Volteras has brought OEMs onto their platform. They have integrated over 30 OEMs, already opening new possibilities for their customers. Fleet customers and other developers are empowered to build apps like smart charging, preventive maintenance, usage-based insurance, and battery health reports.

Programmable technologies are so interesting to us because they open up new surface area for startups to build on. We believe Volteras has a critical role to play in bridging the gap between energy devices and app developers and helping unlock programmable power’s potential. We’re thrilled to be leading Volteras’ Series A and to be working with Peter, Alexander, Giacomo, and the rest of the team as they build the connective tissue of the energy ecosystem.