TeraWatt is an operator of electric vehicle charging infrastructure intended to be the intermediary between capital markets, utilities and organizations of all types looking to electrify their fleets.

TeraWatt's mission is to power electrified fleets with the most reliable network of charging centers.

TeraWatt Infrastructure was co-founded in 2018 by investment adviser Keyframe Capital. The company is headquartered in San Francisco, California. TeraWatt came out of stealth in May 2021.

TeraWatt develops and finances large-scale infrastructures to meet the rapid electrification of medium and heavy-duty transport and fleets and provides property assets, financing and infrastructure energy management services, thereby serving a range of industries across the United States.

TeraWatt works with companies that have EV-first business models, as well as established companies that are starting to transition to EVs — and it works with fleets across light, medium and heavy-duty vehicles.

TeraWatt currently has sites across 18 states, some of which the company is actively developing into charging centers.

TeraWatt Infrastructure is backed by Vision Ridge Capital Partners, Keyframe Capital, Cyrus Capital, and others. The company raised $1B in a Series A round on Sep 13, 2022. This brings TeraWatt's total funding to $1.1B to date.