Volta
Closed (deSPAC)Profile in progress
- What it is
- A private company preparing to list via a SPAC merger. Full profile in progress.
- What it’s doing now
- Merging with Tortoise Acquisition Corp. II (SNPR) — closed (despac).
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
What the company says about itself
Web research — not auditedVolta is an IT services and cybersecurity provider serving Kentucky, Southern Ohio, Southern Indiana, Virginia, Maryland, Washington DC, and Pennsylvania. They offer managed IT services, cybersecurity solutions (including SOCaaS, MDR, XDR), and infrastructure services like cloud, data protection, and UPS as a Service.
- Markets:
- Healthcare | Finance | Utilities | Higher Education
- Products:
- Cybersecurity Solutions | Managed IT Services | Infrastructure | Service Plans | Assessments | Penetration Testing | Consulting Services (vCISO) | Security Awareness and Training (SAT) | Vulnerability Management | SIEM | ESM | SOCaaS | XDR | MDR | Cybersecurity Insurance Preparedness | Incident Response | UPS as a Service | Disaster Recovery as a Service | Network as a Service | Cyber Recovery as a Service | Help Desk as a Service | Managed Resilience | Cloud Services | Data Protection | Servers & Storage | Network | Applications | Observability
- Customers:
- Louisville Water Company | Murray State University | R&S Solutions | University of Louisville
[WEB-INTEL 2026-08-26] 12 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The pro forma equity value of the combined company is expected to exceed $2 billion at the $10.00 per share PIPE price and assuming minimal redemptions by Tortoise Acquisition Corp. II public shareholders." [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Anticipated net proceeds of approximately $600 million will be used to accelerate Volta's buildout of its charging network already in the pipeline." [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "This includes an upsized $300 million fully committed private placement of common stock in the combined company." [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The pro forma enterprise value of the combined company is expected to be approximately $1.4 billion at the $10.00 per share PIPE price." [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The pro forma implied market capitalization of the combined company is over $2 billion, at the $10.00 per share PIPE subscription price and assuming minimal public shareholders of Tortoise Acquisition Corp. II exercise their redemption righ" [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company will receive an aggregate of approximately $600 million of net proceeds from an upsized $300 million PIPE, and $345 million of cash held in trust assuming minimal public shareholders of Tortoise Acquisition Corp. II exercise the" [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Completion of the proposed transaction is subject to, among other things, the approval of the shareholders of Tortoise Acquisition Corp. II, satisfaction of the conditions stated in the definitive agreement and other customary closing condi" [https://www.prnewswire.com/news-releases/volta-industries-inc-and-tortoise-acquisition-corp-ii-announce-planned-merger-combined-company-to-remain-on-the-nyse-301223843.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Volta has raised $300 million in venture funding at a $2.4 billion valuation, co-led by Andreessen Horowitz and Altimeter" [https://www.linkedin.com/posts/tech-funding-news_volta-raises-300m-at-24b-valuation-with-activity-7490666492892684289-NrKO] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Volta has raised $300 million in venture funding -led by Andreessen Horowitz" [https://finance.yahoo.com/technology/ai/articles/nvidia-dell-back-ai-cloud-110004506.html] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Volta has raised a total funding of $300M over 2 rounds. Its first funding round was on Aug 04, 2026. Its latest funding round was a Series A" [https://tracxn.com/d/companies/volta/__xNrLCJxhRIDUiEWJX48YbGXrK0PQpfusD-DlWWvQ1R8] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The startup raised $300 million in a seed round and Series A financing, the Bloomberg report said." [https://wtvbam.com/2026/08/04/ai-cloud-startup-volta-valued-at-2-4-billion-announces-10-billion-ai-partnership/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "SPAC ownership is going to be about 17%. combined company of over $2 billion, at the $10.00 per share PIPE price and assuming minimal" [https://www.reddit.com/r/SPACs/comments/lf9ylp/snpr_to_merge_with_volta_industries/]
Source: https://voltainc.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Volta is merging with Tortoise Acquisition Corp. II (SNPR) currently marked Closed (deSPAC).
| Headline equity value | — |
| PIPE | ≈ $300M · unsourced |
Structure per SEC accession(s) 0001213900-21-026615, 0001140361-23-007809. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Volta going public?
Volta has an approved merger with the SPAC Tortoise Acquisition Corp. II (SNPR). Deal status: Closed (deSPAC).
Does Volta have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.
- HYLN — Tortoise Acquisition Corp. · Closed (deSPAC)