When was Volta Trucks founded?

Volta Trucks was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Volta Trucks located?

Volta Trucks is headquartered in Stockholm, Sweden.

Who is the current CEO of Volta Trucks?

Essa Al Saleh of Volta Trucks. They are also an angel investors in 1 startup.

Which legal entities is Volta Trucks associated with?

Volta Trucks is associated with VCV Trucks AB and 1 other.

How many employees does Volta Trucks have?

As of Sep 30, 2026, the latest employee count at Volta Trucks is 72.

Is Volta Trucks a funded company?

Volta Trucks is a funded company, having raised a total of $386M across 5 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Jan 27, 2021.

How much is Volta Trucks worth?

The latest valuation of Volta Trucks is $***** as of Sep 16, 2021.

When was the latest funding round of Volta Trucks?

Volta Trucks' latest funding was a $***** Grant (prize money) round on Mar 10, 2023, with participation from 1 investor.

Where does Volta Trucks rank among its competitors?

Volta Trucks ranks 31st amongst 219 active competitors, of which 50 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Gatik, which secured $200M in Aug, 2026.

Who are the top competitors of Volta Trucks?

Volta Trucks' top competitors include Aurora, EKA and Einride. Among them, Gatik secured the most recent funding round in August, 2026.

Volta Trucks - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Developer of electric trucks. The company manufactures electric trucks with features like 160-200 kWh battery size, 8,600 kg payload, biodegradable and vegan body construction, low driver cabins, electrified fleets, drivetrains, and more.

Website: voltatrucks.com
Social
Email ID: *****@voltatrucks.com
Phone Number: +46 **********

Key Metrics

Founded Year

2019

Location

Stockholm, Sweden

Stage

Series C

Total Funding

$386M in 5 rounds

Latest Funding Round

Grant (prize money), Mar 10, 2023, $*****

Post Money Valuation

$***** as on Sep 16, 2021

Investors

Luxor Capital Group & 9 more

Ranked

31^st among 219 active competitors

Employee Count

72 as on Sep 30, 2026

Similar Companies

Nikola Motor & 64 more

View Volta Trucks' full profile

Volta Trucks is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VCV Trucks AB CIN: 559466-1166 , Sweden, Active	Jan 02, 2024	-	-	-
VOLTA TRUCKS LIMITED CIN: 12266688 , Sweden, Active	Oct 15, 2019	-	13 (As on Jun 30, 2021)	-

Volta Trucks has raised a total funding of $386M over 5 rounds. Its first funding round was on Jan 27, 2021. Its latest funding round was a Grant (prize money) round on Mar 10, 2023 for $*****. 1 investor participated in its latest round. Volta Trucks has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Volta Trucks:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 10, 2023	3316351	Grant (prize money)	7778164	8908085	1637645	2066254
Nov 29, 2022	3601036	Series C	8556928	6878379	6933618	7199789
Feb 18, 2022	7803607	Series C	8165735	7944762	Luxor Capital Group	Agility & 2 more

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View details of Volta Trucks's funding rounds and investors

The founders of Volta Trucks are Carl Magnus Norden and Kjell Walöen. Essa Al Saleh is the CEO of Volta Trucks.

Here are the details of Volta Trucks' key team members:

Carl Magnus Norden: Founder of Volta Trucks. They are also an angel investor in 1 startup.
Kjell Walöen: Co-Founder & Chief Technology Officer of Volta Trucks.
Essa Al Saleh: CEO of Volta Trucks. They are also an angel investor in 1 startup.
Contact Info: 1 email address

Volta Trucks' Board of Directors

Volta Trucks's board has 1 active member. Thompson Sharp Mcgivaren is independent board member.

Here is the list of Volta Trucks' board of directors:

Name	Type	Representing	Status	Duration
fzrtltd	Team	-	Past	4y 7m
Thompson Sharp Mcgivaren	Independent board member	-	Current	2y 10m
pvfyofo	Independent board member	-	Past	8y 2m

View details of Volta Trucks's Founder profiles and Board Members

Volta Trucks' employee count trend

Volta Trucks has 72 employees as of Sep 26. Here is Volta Trucks's employee count trend over the years:

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Top competitors of Volta Trucks include Aurora, EKA and Einride. Here is the list of Top 10 competitors of Volta Trucks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Aurora 2017, Mountain View (United States), Public	Developer of self-driving technology for integration into freight operations	$693M	Amazon, Hyundai & 16 others	78/100
2nd	EKA 2019, Pune (India), Series A	Manufacturer of electric buses trucks and small commercial transport vehicles	$179M	Mitsui, NIIF & 6 others	75/100
3rd	Einride 2016, Stockholm (Sweden), Series E	Provider of electric and autonomous freight transportation solutions	$865M	Northzone, EQT & 37 others	74/100
4th	TuSimple 2015, San Diego (United States), Public	AI-powered provider of self-driving solutions for trucks	$648M	Sina, Sina & 23 others	73/100
5th	Gatik 2017, United States, Series D	Operator of autonomous trucking solutions for middle-mile logistics operations	$500M	Innovation Endeavors, Koch Disruptive Technologies ... & 27 others	70/100
6th	PlusAI 2016, Santa Clara (United States), Series C	Developer of autonomous driving technology for integration into factory-built trucks	$720M	Amazon, FountainVest Partners & 19 others	69/100
7th	Waabi 2021, Toronto (Canada), Series C	Developer of physical artificial intelligence platform for autonomous trucks and robotaxis	$1.03B	Khosla Ventures, Uber & 28 others	69/100
8th	Nikola Motor 2015, Phoenix (United States), Public	Developer of electric trucks	$760M	Bosch, CNH Industrial & 35 others	68/100
9th	Workhorse Group 2007, Cincinnati (United States), Public	Manufacturer of electric vehicles and related components for transportation solutions	$35.8M	ARK Investment Management, Marathon Asset Management ... & 4 others	66/100
10th	Harbinger Motors 2021, Gardena (United States), Series C	Manufacturer of medium duty electric and hybrid commercial vehicle platforms	$363M	Capricorn, Thor Industries & 23 others	66/100
31st	Volta Trucks 2019, Stockholm (Sweden), Series C	Developer of electric trucks	$386M	Luxor Capital Group, Agility & 8 others	50/100