Delta Charge, a Swedish-German provider of charging and battery-storage solutions for electric trucks, secured $4.3m in an oversubscribed equity round led by Vireo Ventures and Rethink Ventures. Additional participation came from executives from Audi and Allianz, German family offices, and founders from Munich’s climate-tech community. New capital will fuel expansion of Delta Charge’s pan-European network of truck-charging depots and battery-enabled industrial hubs.
Founded in 2024 in Munich, Delta Charge delivers a combined offering of battery energy storage systems (BESS), charging hardware, energy-management technology, and fixed-price charging services designed to unlock cost-efficient, large-scale energy operations for logistics and industrial sectors across Europe. Support from Delta Capacity, a major Scandinavian battery-storage developer and investor, strengthens plans to deploy more than €300 million in infrastructure and supply 1.8 TWh of clean energy annually by 2030.
"This financing marks a defining moment for Delta Charge as we scale our platform and continue to execute our vision," said Filip Hes, CEO of Delta Charge. "We are seizing a once-in-a-decade opportunity to serve historic load growth and shape a new infrastructure asset class at the heart of Europe's energy transition. With Rethink's ambition to redefine transportation and Vireo's strong commitment to European electrification, as well as Delta Capacity's experience executing large scale battery projects, we are uniquely positioned to accelerate deployment across our pipeline."
The announcement aligns with surging heavy-duty electrification, driving load growth that could soon match or surpass power demand from Europe’s data-center sector. With transport forecast to contribute nearly 50% of Europe’s CO₂ emissions by 2030, logistics and freight operations represent a major opportunity to reduce emissions while lowering cost per kilometre.
"Operating electric truck fleets at the lowest possible total cost of ownership will rely on smart depot charging solutions that combine battery storage, charging infrastructure, and seamless software integration," added Jens Philipp Klein, General Partner at Rethink Ventures. "The team at Delta Charge brings deep expertise across energy infrastructure execution, advanced battery software, and a track record of raising hundreds of millions towards rapidly scaling and executing infrastructure pipelines."
With grid constraints intensifying and permitting timelines lengthening, depot-based charging and battery-storage solutions are expected to draw more than €7 billion in investment by 2030. Positioned at the intersection of logistics and energy flexibility, Delta Charge aims to form a core component of the infrastructure enabling Europe’s zero-carbon freight future.