Exowatt Secures 20M to Power the AI Era with Next-Generation 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.

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—dependent on daylight, fragile storage, and unpredictable output—aren’t ready for what comes next.
‍

Exowatt is.

We designed our solution for 24/7 uptime, not just when the sun is shining. And we built it to power the next generation of data centers—the ones driving 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

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 doesn’t have to be intermittent, expensive, or slow to deploy. It can be fast. Scalable. Always on.

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