Exowatt
Modular full-stack 24/7 baseload renweable
power and heat for $0.03 kWh
A next-generation renewable energy company, with a first-of-its-kind, modular, 24/7 baseload renewable energy and industrial heat platform designed to power energy-intensive data centers and other industrial sites.
Description
Milestones
In 2024, Exowatt raised $20M seed round led by Sam Altman, 8090 Industries and A16Z to serve a backlog of over 550MW for data centers in Texas.
Key Information
Founders
Hannan Parvizian
Jack Abraham
Industries
Renewable Power
Industrial Heat
Energy Storage
Year of Investment
2024
In the News
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Wall Street Journal
Sam Altman Invests in Energy Startup Focused on AI Data Centers
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Quartz
Sam Altman, 8090 Indusries and A16Z are investing $20 million in a startup tackling AI's energy problem.
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Inc. Magazine
Why Sam Altman Is Betting on Solar to Help Power AI
