RevaTerra Raises $6 Million Series A to Scale Kinetic Battery Technology for EV Charging and Grid Storage

RevaTerra, a Houston-based energy technology company developing advanced kinetic battery systems aimed at enabling rapid electrification and grid stability, has raised significant early-stage capital to support the development, commercialization, and scaling of its next-generation energy storage solutions. The company’s technology — centered on modular kinetic energy storage units that offer long service life, high power output, and lower environmental impact compared with traditional chemical batteries — has attracted strategic investment from clean energy and technology investors looking to accelerate the transition to renewable power and ultra-fast electric vehicle (EV) charging.

In July 2022, RevaTerra closed a $6 million Series A funding round that provided the company with its first major institutional backing and set the stage for rapid technology advancement and organizational growth. The round was led by Equinor Ventures, the corporate venture capital arm of the global energy company Equinor, which invests in early-stage technologies that can enable a lower-carbon future. Equinor’s participation signaled confidence in RevaTerra’s kinetic battery approach to energy storage — an area of increasing importance as grid operators and infrastructure providers seek cost-effective alternatives to chemical battery systems that rely on rare or environmentally challenging materials.

Joining Equinor Ventures in the Series A was SCF Ventures, the venture capital arm of SCF Partners, a private equity firm with a long history of investing in energy services and technology businesses. SCF Ventures’ involvement reflected its belief in the potential of differentiated battery technologies — including flywheel-based kinetic systems — to play a crucial role in enabling high-power applications such as fast EV charging stations and grid-level energy storage.

RevaTerra’s kinetic battery technology — branded as the S100 system — stores energy as rotational kinetic energy using innovative passive magnetic bearing technology. The result is an energy storage solution that can deliver high power output with minimal environmental impact and long operational life. RevaTerra’s systems are designed to provide operators of DC-Fast EV charging sites with a buffer that enables rapid charging without costly upgrades to existing grid infrastructure. By storing and releasing energy in a modular flywheel-based architecture, the company aims to reduce dependency on chemical batteries and improve the reliability and sustainability of renewable-powered grids.

The $6 million Series A funding is being used to support multiple growth priorities, including product development, team expansion, and commercialization efforts. RevaTerra has stated that the capital will help hire top mechanical, electrical, and manufacturing engineers as well as expand its engineering and operational teams. The company has also used the funding to prepare for construction of its first assembly facility in Houston, where it plans to scale production of its S100 kinetic battery units and deliver commercial-ready energy storage products to customers in the EV infrastructure and renewable energy markets.

RevaTerra’s leadership, including CEO and Founder Ben Jawdat, has emphasized the importance of deploying reliable, recyclable energy storage solutions that support the rapid electrification of transportation and the integration of intermittent renewable power into electric grids. According to the company’s leadership, the high durability, increased power throughput, and reduced environmental footprint of kinetic batteries make them well-suited for next-generation energy storage needs.

Prior to the Series A, RevaTerra raised nearly $500,000 through a mixture of angel investments and a Phase I grant from the National Science Foundation’s Small Business Technology Transfer (STTR) program, which supported early technical validation and prototype development. This early funding, along with participation in innovation programs and partnerships with energy ecosystem collaborators such as utility hubs and technology incubators, helped lay the groundwork for the company’s Series A success.

Since its founding, RevaTerra has pursued a strategy of engaging with partners across the energy transition landscape, from utilities and charging station operators to renewable developers and research institutions, to advance the adoption of scalable, environmentally friendly storage technologies. The company’s kinetic battery systems are positioned to address critical bottlenecks in both grid stability and high-power charging infrastructure — two areas that have become strategic priorities as EV adoption and renewable energy penetration continue to rise.

RevaTerra’s funding and technology development occur against the backdrop of broader investment trends in climate and energy innovation, where technologies that improve energy storage efficiency, resilience, and sustainability are drawing growing interest from strategic and financial investors alike. With the backing of Equinor Ventures, SCF Ventures, and a foundation of early-stage support, RevaTerra is advancing its mission to provide next-generation energy storage solutions that help accelerate decarbonization and support the evolving needs of the energy system.

As the company scales and moves toward commercial deployment of its kinetic battery products, its funding foundation positions it to deepen product capabilities, expand market reach, and contribute to a more resilient, efficient, and cleaner energy future.