Joule secures $60M in Series B financing to advance its AI-Ready BetterGrid™ platform, enhancing operational capacity. Led by Clear Lake Investments and Foulger Pratt.
Amount Raised
$60 Million
Round Type
Series B
LehiEnergyRenewable EnergyInvestors
Description
Joule, a Utah-based power and digital infrastructure developer, announced its BetterGrid™ platform for AI workloads. The company raised $60 million in a Series B financing round to expedite operational capacity deployment. This innovative approach addresses traditional bottlenecks in data center infrastructure. With significant investor backing, Joule is set to revolutionize the data center landscape.
Quick answer
Joule raised $60 Million in a Series B round, dated February 5, 2026. Investors: Clear Lake Investments and Foulger Pratt. Joule is based in Lehi, Utah, United States.
- How much did Joule raise?
- Joule raised $60 Million in a Series B round on February 5, 2026.
- Who invested in Joule?
- Clear Lake Investments and Foulger Pratt are named as investors in this round.
- What does Joule do?
- Joule is an energy and digital infrastructure company purpose-built to deliver power certainty at scale for the world's most demanding computational workloads.
- Where is Joule based and how big is it?
- Joule is based in Lehi, Utah, United States. Fundz records about 7 employees.
- Who are the decision-makers at Joule?
- Fundz holds 2 contacts at Joule. 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 Joule that raised within 45 days of this round, from Fundz verified event records.
- Terrestrial Energy raised $85K on March 19, 2026.
- Claros raised $30M (Seed) on March 19, 2026.
- GridBeyond raised $14M (Series B) on March 17, 2026.
- AmpliSi raised $2.7M (Pre-Seed) on March 17, 2026.
- ReNew Energy Global Plc raised $95M on March 16, 2026.
- Delfos Energy raised $7.2M (Seed) on March 16, 2026.
Who to call at Joule, and when
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- An alert the day Joule raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Joule, from your own LinkedIn network
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Funding Insights
What this usually meansJoule 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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