Delta Charge Raises €3.7M To Boost EV Truck Charging In Europe

The funding was led by Vireo Ventures and Rethink Ventures, with participation from Audi and Allianz executives, German family offices, and founders of Munich’s ClimateTech ecosystem. The investment will accelerate Delta Charge’s expansion of a pan-European network of truck-charging depots and battery-enabled industrial hubs.

“This financing marks a defining moment for Delta Charge as we scale our platform and continue to execute our vision,” says Filip Hes, CEO of Delta Charge.

Delta Charge’s recent funding reflects a broader 2025 trend of increased investment in battery storage and electrification infrastructure across Europe. Several other companies in the sector have secured substantial funding to accelerate similar innovations.

In 2025 several companies in Europe’s battery storage and electrification sector have secured significant funding to accelerate innovation.

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iwell raised €27 million to expand its smart battery storage and energy management solutions while Terra One secured up to €150 million in mezzanine financing for its large-scale battery storage portfolio.

Sympower added €42 million in a Series B1 extension to enhance its BESS optimisation platform, and Co-Power raised €6.4 million to deploy decentralised battery storage and solar systems for industrial clients.

Meanwhile, Green Flexibility is advancing large-scale battery storage projects with equity backing of up to €400 million. Collectively, these rounds total approximately €625.4 million, highlighting Europe’s growing financial commitment to the energy transition and the decarbonisation of heavy transport.

“We are seising 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,” adds Hes.

Founded in 2024 in Munich by Filip Hes, Johannes Kirnberger, and Connor Hanafee, Delta Charge integrates battery energy storage systems (BESS), charging hardware, energy management, and fixed-price charging services to help European logistics and industry realise the economic benefits of large-scale energy operations.

The company develops and finances a pan-European network of truck-charging depots and battery-enabled industrial hubs, combining intelligent software, grid-connected batteries and fixed-price charging to support fleet electrification while enhancing grid flexibility and resilience.

Backed by Delta Capacity, one of Scandinavia’s leading battery storage developers and investors, Delta Charge plans to deploy over €300 million in infrastructure and deliver 1.8 TWh of clean energy annually by 2030.

“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,” adds Klein.

The announcement comes as heavy-duty electrification drives unprecedented electricity demand, which could soon rival or even exceed the consumption of Europe’s data centres.

Delta Charge highlights that transport may account for nearly 50% of the continent’s CO₂ emissions by 2030, making logistics and freight a major opportunity to cut emissions while lowering per-kilometre costs.

With grid capacity tightening and permitting processes slowing, depot-based charging and battery storage are expected to attract over €7 billion in investment by 2030. Positioned at the intersection of logistics and energy flexibility Delta Charge aims to build the infrastructure powering Europe’s zero-carbon freight future.