Delta Charge has closed a $4.3 million equity round to accelerate its role in electrifying Europe’s logistics and industrial sectors. The Swedish German company focuses on building next generation truck charging depots and battery powered industrial hubs designed to meet surging energy demand. The oversubscribed round was led by Vireo Ventures and Rethink Ventures, with participation from Audi and Allianz executives, German family offices, and founders in Munich’s climate tech community.
Building a New Charging and Storage Platform
Founded in 2024 in Munich, Delta Charge integrates battery energy storage systems with charging hardware, energy management, and fixed price charging services aimed at heavy duty fleets. The company’s model is built around enabling logistics operators to manage energy at scale while cutting operational costs. Supported by Delta Capacity, a major Scandinavian battery storage developer, the company plans to deploy more than €300 million in infrastructure by the end of the decade.
Aiming for Large Scale Clean Energy Delivery
Delta Charge is targeting the delivery of 1.8 terawatt hours of clean energy annually by 2030 as its network expands across Europe. Management sees its integrated approach as a way to help fleet operators shift to low cost renewable power while reducing reliance on constrained grid capacity. The vision is to build a new asset class at the center of Europe’s emerging electrified freight economy.
Leadership Vision and Market Momentum
Chief executive Filip Hes said the funding represents a pivotal step in executing Delta Charge’s long term platform strategy. He stated that Europe is facing a rare moment in which demand from heavy duty electrification is creating historic load growth that requires entirely new energy infrastructure. Hes added that the backing from Vireo, Rethink, and Delta Capacity positions the company to scale rapidly across its existing pipeline.
Heavy Duty Electrification Driving Demand
The announcement comes as electric trucks begin generating a level of power demand that could soon match or exceed the energy use of Europe’s data centers. Transport emissions are projected to reach nearly half of the continent’s CO2 output by 2030, making the shift to electric freight a significant emissions reduction opportunity. Delta Charge believes that combining charging depots with battery storage will help logistics operators manage this transition while lowering per kilometer energy costs.
Investor Perspective on the Technology Shift
Rethink Ventures General Partner Jens Philipp Klein emphasized that the economics of electric trucking depend heavily on optimized depot charging solutions. He noted that integrating storage, charging, and software into a seamless system will be essential as fleets scale across Europe. Klein said Delta Charge’s team brings deep execution experience across large energy infrastructure projects and advanced battery software development.
Growing Investment in Depot Based Charging
As grid constraints tighten across the continent, depot charging paired with battery storage is expected to attract more than €7 billion in investment by 2030. These sites offer fleet operators a way to manage energy independently of slow grid permitting while providing flexibility during peak demand periods. Delta Charge aims to position itself at the core of this market shift by building infrastructure that supports Europe’s zero carbon freight ambitions.
Delta Charge’s new funding round signals growing conviction among investors that Europe’s logistics sector is entering a decisive electrification phase. The company’s integrated charging and storage strategy is designed to meet rising energy needs while improving the economics of electric trucking. With fresh capital and strong institutional backing, Delta Charge plans to accelerate deployment across multiple European markets as the continent moves toward cleaner and more flexible freight operations.