Exowatt Raises $70M to Power Data Centers in U.S. Energy Push


Exowatt Raises $70M to Power Data Centers in U.S. Energy Push

📅 - Amid rising concerns over the soaring energy consumption of data centers and AI infrastructure, renewable energy startup Exowatt has emerged as a key player with a bold solution: modular solar power systems. The company has just closed a $70 million Series A funding round, bringing its total capital raised to $90 million.

Exowatt is backed by a16z, Atomic, Felicis, and Sam Altman and is headquartered in Miami, Florida. At the core of this funding push is the Exowatt P3, a dispatchable solar energy system designed specifically for the high energy demands of data centers and industrial clients.

Launched just months ago at the RE+ conference, the P3 stores solar energy as heat in a [...][... Check source for end of article ...]
Tags: Data Center

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