Watt Fuel Cell

Pittsburgh, United States Founded: 2010 • Age: 16 yrs
Solid oxide fuel cell systems are developed and manufactured.
Annual revenue - Latest available
Total funding $174.1M 10 rounds
Employees 25 Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Watt Fuel Cell

Watt Fuel Cell is a company based in Pittsburgh (United States) founded in 2010 by Caine Finnerty. Watt Fuel Cell has raised $174.06 million across 10 funding rounds from investors including Generac Power Systems, Senvest Capital and New York State Energy Research and Development Authority. The company has 25 employees as of December 31, 2022. Watt Fuel Cell offers products and services including WATT HOME™, WATT REMOTE™, and WATT NOMAD™. Watt Fuel Cell operates in a competitive market with competitors including FuelCell Energy, Bloom Energy, Intelligent Energy, Blue World Technologies and Amogy, among others.

  • Headquarter Pittsburgh, United States
  • Employees 25 as on 31 Dec, 2022
  • Founders Caine Finnerty
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Watt Fuel Cell Corp
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $174.06 M (USD)

    in 10 rounds

  • Latest Funding Round
    $82.35 M (USD), Series C

    Dec 07, 2022

  • Investors
  • Employee Count
    25

    as on Dec 31, 2022

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Products & Services of Watt Fuel Cell

Watt Fuel Cell offers a comprehensive portfolio of products and services, including WATT HOME™, WATT REMOTE™, and WATT NOMAD™.

Product name locked
Category locked
Primary

Provides reliable primary or back-up power for homes.

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Offers clean power for remote electric applications.

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Delivers mobile power for traveling and outdoor activities.

People of Watt Fuel Cell

Headcount 10-50
Employee Profiles 17
Employee Profiles
People
Jerry Mason
Principal Engineer
People
Caine Finnerty
CEO & Founder
People
Sarah DeWald
Vice President Finance
People
Hector De Santiago
Development Engineer

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Funding Insights of Watt Fuel Cell

Watt Fuel Cell has successfully raised a total of $174.06M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $82.35 million completed in December 2022. 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 Watt Fuel Cell

Watt Fuel Cell has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Generac Power Systems, Senvest Capital and New York State Energy Research and Development Authority.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Multiple sectors are invested in by this private equity firm.
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Asset management services are provided in Larkspur, United States.
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Early-stage venture capital investments are provided by Emerald.
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Investments & Acquisitions by Watt Fuel Cell

Investments
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Investment portfolio details for Watt Fuel Cell

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Financial Statements - Watt Fuel Cell

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Detailed financials for Watt Fuel Cell

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Watt Fuel Cell Comparisons

Watt Fuel Cell Primary company
Description
Solid oxide fuel cell systems are developed and manufactured...
Location
Pittsburgh, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
25
As of 2022
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Peer comparison for Watt Fuel Cell

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Competitors of Watt Fuel Cell

Watt Fuel Cell 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 FuelCell Energy, Bloom Energy, Intelligent Energy, Blue World Technologies and Amogy, among others.

Company Name Domain Founded year HQ Location Description
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Online platform offering fuel cell-based solutions
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Provider of solid oxide fuel cell technology
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PEM fuel cell and CHP power systems developer
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Methanol-based fuel cells are developed using high-temperature PEM technology.
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Modular ammonia-to-power systems are developed for heavy industry decarbonization.
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Manufacturer of hydrogen fuel cells
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Detailed competitors of Watt Fuel Cell

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Latest news on Watt Fuel Cell

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Frequently Asked Questions about Watt Fuel Cell

Watt Fuel Cell was founded in 2010 and raised its 1st funding round 2 years after it was founded.

Watt Fuel Cell is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Caine Finnerty is the current CEO of Watt Fuel Cell. They have also founded this company.

Watt Fuel Cell is a funded company, having raised a total of $174.06M across 10 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Watt Fuel Cell is 25.

Watt Fuel Cell was founded in 2010 in Pittsburgh, United States, within the clean energy sector. Solid oxide fuel cell systems are developed and manufactured, utilizing ceramic-based micro-tubular technology. Operations focus on high-temperature performance with hydrocarbon fuels including propane, natural gas, JP-8, and diesel. Efficient power generation is enabled through these systems, supporting applications in distributed energy and backup power.

Watt Fuel Cell's top competitors include Bloom Energy, Intelligent Energy and Amogy.

Watt Fuel Cell offers WATT HOME™, WATT REMOTE™, and WATT NOMAD™.

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