Fundz

Watt Fuel Cell Closes Financing Round Led By Eqt

PRIVATEFeb 23, 2022

Round Type

Funding Round

PennsylvaniaEnergySustainabilityResearch Services

Description

WATT Fuel Cell announced today that it has closed a financing round led by EQT Corporation to continue the company's development and commercialization of its solid oxide fuel cell technology. Other participants in the round included Senvest Management LLC, Park West Asset Management LLC, and Emerald Development Managers LP. Financial terms were not disclosed.

Quick answer

Watt Fuel Cell Corp raised an undisclosed amount in a Funding Round round, dated February 23, 2022. Watt Fuel Cell Corp is based in Pennsylvania, United States.

How much did Watt Fuel Cell Corp raise?
Watt Fuel Cell Corp raised an undisclosed amount in a Funding Round round on February 23, 2022.
What does Watt Fuel Cell Corp do?
WATT Fuel Cell (WATT) has developed and is manufacturing one of the first commercially viable Solid Oxide Fuel Cell (SOFC) systems on the market.
Where is Watt Fuel Cell Corp based and how big is it?
Watt Fuel Cell Corp is based in Pennsylvania, United States. Fundz records about 30 employees.
Who are the decision-makers at Watt Fuel Cell Corp?
Fundz holds 2 contacts at Watt Fuel Cell Corp, including the Vice President of Fuel Cells. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

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

  • Aria raised an undisclosed amount (Series A) on April 8, 2022.
  • Enerkem raised $255M (Funding Round) on April 6, 2022.
  • Xpansiv raised $22M on April 5, 2022.
  • GA Drilling raised an undisclosed amount (Funding Round) on March 30, 2022.
  • LG Energy Solution Ltd raised $1.4B on March 24, 2022.
  • Ontario raised an undisclosed amount on March 24, 2022.

Who to call at Watt Fuel Cell Corp, and when

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

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Company Information

Company

Watt Fuel Cell Corp

Location

Pennsylvania, United States

About

WATT Fuel Cell (WATT) has developed and is manufacturing one of the first commercially viable Solid Oxide Fuel Cell (SOFC) systems on the market. WATT’s ImperiumTM Fuel Cell System creates power from readily available fuels, such as propane and natural gas, to provide environmentally responsible energy solutions to a range of power markets. Imperium’s Hybrid Power Management System integrates and manages renewable energy sources, such as wind and solar, and optimizes power storage to provide electricity from the most energy responsible source available at the time of need.

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Related People

2 contacts
Verified contactsWenhua H., Vice President of Fuel Cells hidden hidden hiddenSee plans and pricing
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Watt Fuel Cell Corp 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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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.