Exowatt, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Exowatt, Inc. - overview

Established

2023

Location

Miami, FL, US

Primary Industry

Renewable Energy

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.


Current Investors

Andreessen Horowitz, Atomic Management, 8090 Industries

Primary Industry

Renewable Energy

Sub Industries

Solar Power, Renewable Energy, Energy Storage & Batteries

Website

www.exowatt.com

Verticals

Artificial Intelligence, Clean Technology, Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.