Fundz

Exowatt raised $20M in seed funding led by a16z, Atomic, and Sam Altman to expand its team and deploy the Exowatt P3 with its first set of data center customers.

PRIVATEApr 22, 2024

Amount Raised

$20 Million

Round Type

Seed

MiamiEnergyRenewable EnergyBiomass Energy

Investors

Andreessen HorowitzSam AltmanAtomic

Description

Exowatt, co-founded by Jack Abraham and Hannan Parvizian, raised $20m in seed funding to expand its team and deploy the Exowatt P3 with its first set of data center customers.

Quick answer

Exowatt raised $20 Million in a Seed round, dated April 22, 2024. Investors: Andreessen Horowitz, Sam Altman and Atomic. Exowatt is based in Miami, Florida, United States.

How much did Exowatt raise?
Exowatt raised $20 Million in a Seed round on April 22, 2024.
Who invested in Exowatt?
Andreessen Horowitz, Sam Altman and Atomic are named as investors in this round.
What does Exowatt do?
Exowatt is a next generation renewable energy company offering commercial and industrial customers a modular full-stack energy solution that can provide dispatchable power and heat for up to 24 hours per day,..
Where is Exowatt based and how big is it?
Exowatt is based in Miami, Florida, United States. Fundz records about 44 employees.
Who are the decision-makers at Exowatt?
Fundz holds 4 contacts at Exowatt. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Exowatt that raised within 45 days of this round, from Fundz verified event records.

  • Gesa Credit Union raised $20M on May 29, 2024.
  • Aeromine Technologies raised $9M (Series A) on May 20, 2024.
  • Aura Power raised $13M (Grant) on May 1, 2024.
  • Found Energy raised $12M (Seed) on April 18, 2024.
  • ReNew Sun Bright Private Limited raised $3.2M (Seed) on April 11, 2024.
  • Polar Night Energy raised $8.2M (Seed) on April 4, 2024.

Who to call at Exowatt, and when

A new round usually means Exowatt is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Exowatt raises, hires an executive or expands, scored against what you sell
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Company Information

Company

Exowatt

Location

Miami, Florida, United States

About

Exowatt is a next generation renewable energy company offering commercial and industrial customers a modular full-stack energy solution that can provide dispatchable power and heat for up to 24 hours per day, specifically designed to meet the needs of energy-intensive applications such as data centers. Our mission is clear, to make sustainable renewable energy always available and almost free.

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Fundz sees it the moment Exowatt raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Exowatt raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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