# Exowatt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exowatt

- Industry: Renewable Energy
- Headquarters: Miami, US
- Website: www.exowatt.com
- Total disclosed funding: $105M
- Latest round: Series A (Nov 12, 2025)
- Investors on record: 21

## About

Based in Florida, US, and founded in 2023 by CEO Hannan Parvizian and Jack Abraham, Exowatt, Inc. operates as a renewable energy company that supplies a modular full-stack energy solution to commercial and industrial customers. In November 2025, Exowatt, Inc. raised USD 50 million in series A funding co-led by MVP Ventures and 8090 Industries, with participation from Felicis Ventures, Andreessen Horowitz, Atomic Management, StepStone, BAM Ventures, Bay Bridge Ventures, Prime Quadrant, DeepWork Capital, Dragon Global, Florida Opportunity Fund, Massive, New Atlas Capital, Overmatch and Protagonist. Exowatt delivers modular, dispatchable solar energy systems designed for energy-intensive sectors like AI data centers. Its flagship P3 platform captures solar energy, stores it in thermal batteries, and converts it to electricity on demand, providing 24-hour clean, reliable power with rapid deployment and minimal maintenance. Exowatt generates revenue through sales of its modular P3 solar energy systems, long-duration thermal storage solutions, and associated deployment services. Additional income comes from commercial contracts with data centers and industrial clients, complemented by financing arrangements and strategic partnerships to scale dispatchable renewable power infrastructure. In November Exowatt, Inc. raised USD 50 million in series A funding to expand U.S. manufacturing and speed up deployment of its energy systems for data centers.

## Funding rounds

- Series A, Nov 12, 2025, $50M — StepStone, Andreessen Horowitz, Felicis Ventures, Florida Opportunity Fund, Dragon Global, BAM Ventures, DeepWork Capital, Atomic Management, 8090 Industries, MVP Ventures, Massive, Prime Quadrant, Bay Bridge Ventures, Protagonist, Overmatch, New Atlas Capital
- Series A, Apr 22, 2025, $35M — Starwood Capital Group, StepStone, Andreessen Horowitz, Felicis Ventures, Thrive Capital, Atomic Management, Goat Capital, 8090 Industries, MVP Ventures, MCJ, GSBackers
- Seed, Apr 22, 2024, $20M — Andreessen Horowitz, Atomic Management, 8090 Industries

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed, Series A
- Atomic Management (https://capitalatlas.ai/funds/atomic-management) — Seed, Series A
- 8090 Industries (https://capitalatlas.ai/funds/8090-industries) — Seed, Series A
- Starwood Capital Group — Series A
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series A
- Goat Capital (https://capitalatlas.ai/funds/goat-capital) — Series A
- MVP Ventures (https://capitalatlas.ai/funds/mvp-ventures) — Series A
- MCJ (https://capitalatlas.ai/funds/mcj) — Series A
- GSBackers (https://capitalatlas.ai/funds/gsbackers) — Series A
- Florida Opportunity Fund (https://capitalatlas.ai/funds/florida-opportunity-fund) — Series A
- Dragon Global (https://capitalatlas.ai/funds/dragon-global) — Series A
- BAM Ventures (https://capitalatlas.ai/funds/bam-ventures) — Series A
- DeepWork Capital (https://capitalatlas.ai/funds/deepwork-capital) — Series A
- Massive (https://capitalatlas.ai/funds/massive) — Series A
- Prime Quadrant — Series A
- Bay Bridge Ventures (https://capitalatlas.ai/funds/bay-bridge-ventures) — Series A
- Protagonist (https://capitalatlas.ai/funds/protagonist) — Series A
- Overmatch (https://capitalatlas.ai/funds/overmatch) — Series A
- New Atlas Capital (https://capitalatlas.ai/funds/new-atlas-capital) — Series A