Fundraising Fox

TeraWatt Technology Inc

Shizuoka, JP Β· 38 employees on LinkedIn Β· 6 known investors

TeraWatt Technology develops and mass-produces next-generation lithium-ion batteries designed to be lighter, smaller, more powerful, and safer, operating manufacturing facilities in Japan. The company targets electrification and decarbonization markets, working with energy companies and EV-related partners.

Also known as TeraWatt Β· TeraWatt Technology

Investors Β· 6

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

TeraWatt Technology Inc is a battery company focused on manufacturing lighter, smaller, higher-power and safer lithium-ion batteries at scale, under the stated aim of electrification for a sustainable future. The company completed its first mass-production facility and began initial operation in October 2024, and the Shizuoka facility achieved ISO 9001 certification in May 2025.

The organization spans cell engineering, process/equipment/manufacturing, product management, business development, IT and corporate functions, as reflected in its open roles, which include cell R&D, cell evaluation and analysis, cell QC/QA, production technology and mass-production process design engineering, as well as battery offtake-contract business development. Company materials also reference "TeraSpace," described in connection with combining AI and robotic craftsmanship to support next-generation battery development.

Business model

The company manufactures next-generation lithium-ion battery cells at its own production facilities and pursues battery offtake contracts and customer business development, alongside strategic partnerships with energy companies to deploy its batteries.

Traction

First mass-production facility completed with initial operation from October 2024 and ISO 9001 certification in May 2025; selected for Forbes Asia 100 to Watch 2024; Series C funding closed in stages between July 2025 and April 2026, accompanied by strategic partnerships with energy companies.

Latest developments

In April 2026 the company announced the final close of its Series C round together with strategic partnerships with energy companies to accelerate deployment of its next-generation batteries. Senior appointments followed, including Saeed Khan as Head of Information Systems (April 2026) and Dr. Sunho Kang as Head of Product and Technology (June 2026).

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

Positioned as a scale-oriented manufacturer of next-generation lithium-ion batteries with Japan-based production and a U.S. presence; recognized in Forbes Asia 100 to Watch 2024.

Technology

Next-generation lithium-ion battery cells positioned as lighter, smaller, more powerful and safer than conventional cells, manufactured at scale. Company materials reference "TeraSpace," associated with a combination of AI and robotic manufacturing craftsmanship supporting battery development.

Go-to-market

Direct business development with customers and energy-company partners, including battery offtake contract negotiation, supported by a dedicated international business development function established in March 2026 to pursue global expansion.

Energy companies and customers requiring next-generation lithium-ion cells, with business development roles focused on battery offtake agreements.

Geography

Operations span Japan and the United States: the first mass-production facility is in Shizuoka, Japan, and the website lists a San Francisco, California address. Company materials describe an international structure making use of both Japan and U.S. bases.

History

Company materials indicate the battery technology division of SERES was transitioned into an independent company in January 2020, with website copyright notices dating to 2019. TeraWatt Technology closed a Series B round in June 2022 and a Pre-C round in June 2023 to accelerate large-scale pilot production of its next-generation lithium-ion batteries. It completed its first mass-production facility and began initial operation in October 2024, obtained ISO 9001 certification for that Shizuoka facility in May 2025, closed the first tranche of a Series C round in July 2025, and announced the final close of Series C in April 2026. Over 2024-2026 the company added a series of senior hires and advisors drawn from battery and automotive manufacturers.

Compiled by commissioned research from 1 cited public sources β€” announcements, filings, and press listed under research sources below.

Timeline Β· 19

launches, deals, and filings
Jun 2026
Dr. Sunho Kang joins as Head of Product and Technology

source β†—

Apr 2026
Saeed Khan, former Head of Enterprise Technology at Coca-Cola Bottlers Japan, joins as Head of Information Systems

source β†—

Apr 2026
Final close of Series C funding round announced alongside strategic partnerships with energy companies

source β†—

Apr 2026
Strategic partnerships with energy companies to accelerate deployment of next-generation batteries

source β†—

Mar 2026
Douglas Duncan appointed Director of International Business Development

source β†—

Feb 2026
Keiko Usami joins as Head of Strategic Growth

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Sep 2025
Nazhar Adnan, former CBO at Sonocharge and director at Temasek, joins as Chief Commercial Officer

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Sep 2025
Yoshiaki Nitta, Nissan LEAF battery development pioneer, joins as Technical Fellow

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Jul 2025
First close of Series C funding round completed

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May 2025
ISO 9001 certification achieved for first mass production facility in Shizuoka

source β†—

Mar 2025
Ryuta Kawaguchi, former FREYR Battery CSO/CTO, joins as VP of Strategy

source β†—

Nov 2024
Kenzo Nagai, former Tesla, Apple and MoliCel production expert, joins as executive advisor

source β†—

Oct 2024
Mass production facility completed and initial operation started

source β†—

Aug 2024
Selected for Forbes Asia 100 to Watch 2024

source β†—

May 2024
Annie Liu, former Tesla and Ford supply chain and battery executive, appointed external director

source β†—

Apr 2024
Appointment of four external advisors

source β†—

Jun 2023
Pre-C funding round completed to accelerate large-scale pilot production

source β†—

Jun 2022
Series B funding completed to accelerate pilot production of next-generation lithium-ion batteries

source β†—

Jan 2020
SERES completes transition of battery technology division into independent company

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does TeraWatt Technology Inc do?
TeraWatt Technology develops and mass-produces next-generation lithium-ion battery cells in Japan.
Who are TeraWatt Technology Inc's investors?
TeraWatt Technology Inc's investors include Coral Capital, DRONE FUND, JIC Venture Growth Investments, Aozora Corporate Investment, JERA, Temasek.
Where is TeraWatt Technology Inc headquartered?
TeraWatt Technology Inc is headquartered in Shizuoka, JP.