Big News: We’ve Raised US $10.5m to Drive Kwetta’s Global Growth!
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We’re thrilled to share that Kwetta has closed an oversubscribed US $10.5m (NZ $17.5m) Series A funding round! This is a huge milestone in our mission to solve one of the biggest bottlenecks in EV adoption: unlocking the electricity grid – especially for applications like heavy transport, fleets and large-scale charging hubs.
At Kwetta, we’re doing our lives’ work—electrifying transport for a more sustainable future. When we started in 2021, our vision was clear: create technology that enables large-scale electrification without the usual roadblocks for customers of high costs and delays. Today, the Prime Grid Gateway, our grid-first innovation, is turning that vision into reality by unlocking grid capacity for ultra-fast EV charging without expensive upgrades or batteries. This funding allows us to take that mission global, scaling faster and innovating further.
What Sets Kwetta Apart?
Unlike traditional solutions, our technology unlocks up to 10 times more power at constrained sites without relying on costly batteries or grid upgrades. It’s fast, scalable, and proven to work. This grid-first approach means we’re solving the problem at its source—building infrastructure that’s ready for the future of heavy transport electrification.
A World of Opportunity Awaits
This funding, led by Blackbird Ventures and supported by Virescent Ventures Fund II, Icehouse Ventures, and others, positions us to expand into exciting markets like Europe and Australia. Heavy transport is electrifying faster than anyone expected, and the demand for solutions like ours is exponentially growing. Thanks to our team's hard work and our partners' confidence, we’re ready to help fleets, trucks, and buses electrify while keeping the grid intact.
From Napier to the World
What began as three founders —Dustin, Mike, and Rob—has grown into a team of over 30 across New Zealand and Australia. In just three years, we’ve deployed 39 high-powered charging outlets with more on the way. While Napier remains our home, this funding opens the door for global expansion, taking Kwetta to Australia, Europe and beyond.
What’s Next?
With this funding, we’re focused on scaling our operations, building our team, and accelerating deployments. From bus and truck fleets to heavy transport hubs, we’re enabling the infrastructure needed to make electrification a reality at mass scale.
To our team, partners, investors, and supporters—thank you for believing in Kwetta. Together, we’re not just building chargers; we’re building the future of sustainable transport. And we’re just getting started.
Let’s electrify the future together.
—Dustin, Mike and Rob