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Exowatt has closed a $70 million Series A funding round led by Felicis to scale its renewable energy solutions, bringing total funding to $90 million.

PRIVATEApr 22, 2025

Amount Raised

$70 Million

Round Type

Series A

MiamiEnergyRenewable EnergyBiomass Energy

Investors

Andreessen HorowitzStepstone GroupMCJ CollectiveThrive CapitalStarwood Capital8090 IndustriesAndreesen HorowitzHSBC Innovation BankingAtomicGoat VcFelicisMVP Ventures

Description

Exowatt, a renewable energy company, raised $70 million in Series A funding to support the deployment of its Exowatt P3 product. The funding was led by venture firm Felicis and includes $35 million in debt from HSBC Innovation Banking. Additional investors include Andreesen Horowitz and several other notable firms. The funding aims to expand production and accessibility of their innovative solar technology.

Quick answer

Exowatt raised $70 Million in a Series A round, dated April 22, 2025. Investors: Andreessen Horowitz, Stepstone Group, MCJ Collective, Thrive Capital, Starwood Capital, 8090 Industries, Andreesen Horowitz and HSBC Innovation Banking. Exowatt is based in Miami, Florida, United States.

How much did Exowatt raise?
Exowatt raised $70 Million in a Series A round on April 22, 2025.
Who invested in Exowatt?
Andreessen Horowitz, Stepstone Group, MCJ Collective, Thrive Capital, Starwood Capital, 8090 Industries, Andreesen Horowitz and HSBC Innovation Banking 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.

  • Aypa Power raised $535M (Debt Financing) on May 12, 2025.
  • Found Energy raised $5.4M on April 22, 2025.
  • HESStec raised an undisclosed amount on June 6, 2025.
  • Onyx Renewables raised $260M (Debt Financing) on June 6, 2025.
  • Active Membranes raised $913K (Seed) on June 5, 2025.
  • Twindo raised $1.1M (Seed) on June 4, 2025.

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.

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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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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.