$70M Raised to Power What’s Next

Last week, the Exowatt team came together in Miami. After a whirlwind week, we reflected on just how far we’ve come.

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We just closed our $70 million Series A, bringing our total funding to $90 million. Led by Felicis with support from HSBC Innovation Banking, Andreessen Horowitz, Atomic, and others, this raise will accelerate the rollout of the Exowatt P3—our modular, dispatchable solar system designed to meet the rising energy needs of AI-powered data centers.

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But to us, this milestone is less about capital—and more about momentum.

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We have a 90+ GWh in capacity reservations. We’ve tripled the team. We’re prepping for deployments across the U.S. in 2025. And we’ve felt, firsthand, the urgency from developers and operators across the country. AI isn’t slowing down, so neither can energy. That’s why Exowatt exists: to make scalable, on-demand clean power not just possible, but inevitable.

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This raise lets us move even faster, but doesn’t change who we are. We’re still the people who believe that building toward our mission:
to make sustainable renewable energy always available and almost free.

If want to build with us—we want to hear from you.