About Exowatt
Exowatt is a company based in Miami (United States) founded in 2023 by Jack Abraham, Hannan P, and Sushrut Bapat. Exowatt has raised $105 million across 5 funding rounds from investors including AtomicVest, StepStone Group and HSBC Innovation Bank. Exowatt offers products and services including Exowatt P3 and Intelligent Control Software. Exowatt operates in a competitive market with competitors including SolarCity, Sunnova, 3Degrees, GreenVolts and Faro Energy, among others.
- Headquarter Miami, United States
- Founders Jack Abraham, Hannan P, Sushrut Bapat
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Exowatt, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$105 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series A
Nov 13, 2025
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Investors
AtomicVest
& 24 more
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Employee Count
Not available
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Products & Services of Exowatt
Exowatt offers a comprehensive portfolio of products and services, including Exowatt P3 and Intelligent Control Software.
Modular solar unit for 24-hour dispatchable power storage
Software for real-time energy monitoring and dispatch
People of Exowatt
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Funding Insights of Exowatt
Exowatt has successfully raised a total of $105M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Exowatt
Exowatt has secured backing from 25 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include AtomicVest, StepStone Group and HSBC Innovation Bank.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Industrial breakthroughs are supported through venture capital investments.
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Investments in technology startups are made by Felicis Ventures.
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Investor details for Exowatt
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Investments & Acquisitions by Exowatt
Investment portfolio details for Exowatt
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Financial Statements - Exowatt
Detailed financials for Exowatt
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Exowatt Comparisons
Peer comparison for Exowatt
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Competitors of Exowatt
Exowatt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SolarCity, Sunnova, 3Degrees, GreenVolts and Faro Energy, among others.
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Solar power systems are designed, financed, and installed for clients.
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Solar services are provided to residential and commercial customers.
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Clean energy consulting and services are offered to support sustainability.
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Provides utility-scale concentrated photovoltaic solutions for energy generation.
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Solar installation company
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Detailed competitors of Exowatt
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Latest news on Exowatt
Complete news archive for Exowatt
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Frequently Asked Questions about Exowatt
Exowatt was founded in 2023.
Exowatt is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Hannan P is the current CEO of Exowatt. They have also founded this company.
Exowatt is a funded company, having raised a total of $105M across 5 funding rounds to date.
Exowatt was founded in 2023 and is based in Miami, United States. Operations center on renewable energy solutions in the decarbonization sector, targeting commercial and industrial customers through modular full-stack systems. Energy is stored as heat rather than electricity, reducing costs compared to electrochemical batteries. A recent launch included 20 million in funding to support data center power needs in the AI sector.
Exowatt offers Exowatt P3 and Intelligent Control Software.
Exowatt has 25 investors. Key investors include AtomicVest, StepStone Group, HSBC Innovation Bank, Andreessen Horowitz, and 8090 Industries.