Exowatt Secures $20M to Power the AI Era with Next-Gen Renewable Energy

2024 was a defining year for Exowatt. We closed a $20 million seed round to accelerate a vision that feels increasingly urgent: delivering scalable, dispatchable solar power for the AI era. This wasn’t just capital—it was conviction. A bet on a better way forward, backed by a world-class group of investors: Atomic, Andreessen Horowitz, Sam Altman, 8090 Industries, Felicis, and Climate Capital.

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First stop: A new solution

Together, we’re building a new energy system from the ground up—one that meets demand for data as it scales faster than infrastructure can keep up.
Traditional renewables that are dependent on daylight and unpredictable output aren’t ready for what comes next. Exowatt is.

We engineered our solution for true 24/7 reliability, not just daytime performance. It's built to power the next generation of data centers, supporting everything from AI inference to autonomous systems.

With this capital, we’ve:

• Accelerated product development
• Tripled our team size
• Secured 85 GWh in capacity reservations
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Next stop: Deployment

In mid-2025, the first Exowatt P3 systems will go live. These pilots will prove what we’ve known all along: clean energy can be fast, scalable, and always on.

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If you're interested in learning more, contact our team.