TeraWatt Technology Completes Final Close of Series C Funding Round -- Strategic Partnerships with Energy Companies to Accelerate Deployment of Next-Generation Batteries

SAN FRANCISCO, April 8, 2026 /PRNewswire/ -- TeraWatt Technology Inc. (Headquartered in California, USA) is pleased to announce the completion of the final close of its Series C funding round. Building on the 1st close investors — Khosla Ventures, Temasek, JIC Venture Growth Investments, Japan Bank for International Cooperation (JBIC), GX Acceleration Agency, and G. K. Goh Ventures — the final close welcomed Japan Green Investment Corp. for Carbon Neutrality (JICN), Kyuden International Corporation, JERA Co., Inc., and ITOCHU Technology Ventures, Inc. as new investors.

A defining feature of this round is the participation of strategic corporate investors from the energy and power sectors. Beyond financial investment, these partnerships lay the groundwork for collaboration across the entire battery value chain — from manufacturing through grid-scale deployment and energy services.

Notably, TeraWatt has entered into capital and business alliances with Kyuden International Corporation and JERA Co., ...

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