About Watt Fuel Cell
Watt Fuel Cell is an Energy & Utilities company based in Pittsburgh (United States) founded in 2010 by Caine Finnerty. Solid oxide fuel cell systems are developed and manufactured. Watt Fuel Cell has raised $174.06 million across 11 funding rounds from investors including Generac Power Systems, Senvest Capital and New York State Energy Research and Development Authority. The company has 25 employees. Its chief executive, as recorded, is Caine Finnerty. Watt Fuel Cell offers products and services including WATT HOMEâ„¢, WATT REMOTEâ„¢, and WATT NOMADâ„¢. Its focus areas include Energy Tech, Energy Storage Tech, Fuel Cell and Solid Oxide. Its legal entity is WATT FUEL CELL CORP. Its competitors include FuelCell Energy, Bloom Energy and Amogy; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Pittsburgh, United States
- Employees 25
- Founders Caine Finnerty
- SectorsEnergy & Utilities
- Email••••••••
- Website wattfuelcell.com
- Social LinkedIn X Facebook
- Legal Name Watt Fuel Cell Corp
- Total Equity Funding$174.06M (USD)
in 11 rounds
- InvestorsGenerac Power Systems
& 5 more
- Employee Count25
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™.
Provides reliable primary or back-up power for homes.
Offers clean power for remote electric applications.
Delivers mobile power for traveling and outdoor activities.
Funding Insights of Watt Fuel Cell
Watt Fuel Cell has successfully raised a total of $174.06M across 11 strategic funding rounds. 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.
- Total Funding $174.06M
- Total Rounds 11
- First Round $3.83M
(Jun 2012)
- Investors Count 6
Latest 10 of 11 funding rounds of Watt Fuel Cell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2026 | Series C | – | – | – | |
| Dec 2022 | $82.35M | Series C | – | Generac Power Systems | – |
| Jan 2022 | $67M | Series C | – | EQT | |
| May 2020 | $8.12M | Series B | – | – | – |
| Aug 2018 | Series B | – | – | – | |
| Apr 2018 | Debt – Conventional | – | – | – | |
| Apr 2018 | $10.68M | Series B | – | – | – |
| Feb 2017 | Series B | – | – | – | |
| Jul 2013 | $2.09M | Series A | – | – | |
| Dec 2012 | $100,000 | Grant | – | – |
6 investors in total: 6 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by this private equity firm. | 1999 | senvest.com | New York, United States | |
Asset management services are provided in Larkspur, United States. | parkwestllc.com | Larkspur, United States | ||
Early-stage venture capital investments are provided by Emerald. | emeraldmanagers.com | New York, United States | ||
Manufacturer of power generation equipment and energy storage solutions | 1959 | generac.com | Waukesha, United States | |
EQT Corporation is engaged in natural gas production and midstream operations. | 1888 | eqt.com | Pittsburgh, United States | |
Energy research and development are advanced by this state agency. | 1975 | nyserda.ny.gov | United States |
Investor details for Watt Fuel Cell
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People of Watt Fuel Cell
17 people are tracked at Watt Fuel Cell (8 in leadership, 9 in team); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Caine Finnerty | Founder & CEO | Leadership |
Owen Taylor | President, PEEI | Leadership |
Paul DeWald | VP of Engineering & Founder | Leadership |
Wenhua Huang | Director of Fuel Cells & Founder | Leadership |
Sarah DeWald | Vice President Finance | Leadership |
Bob Berger | Director of Sales | Leadership |
Mathew Isenberg | Director of Engineering Operations | Leadership |
Danielle Ramaley | Chief Commercial Officer (cco) | Leadership |
Jerry Mason | Principal Engineer | Team |
Connor Salley | Special Projects Engineering Manager | Team |
Kang Wang | Senior R&D Engineer | Team |
Thomas Wagner | Electrical Hardware Engineer | Team |
Hector De Santiago | Development Engineer | Team |
Robert Grogan | Lead Systems Integration Engineer | Team |
Diane Christian | Document Control And Safety Manager | Team |
Amie Kern | Associate Engineer | Team |
Alexander Rice | Process Engineer | Team |
Complete people profiles for Watt Fuel Cell
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Timeline of Watt Fuel Cell
3 dated milestones of Watt Fuel Cell across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Watt Fuel Cell is founded.
- Funding First funding round of $3.8M.
- Funding Latest funding round, Series C,.
Competitors of Watt Fuel Cell
Watt Fuel Cell has 3 listed competitors in our database, 2 of them funded. They include FuelCell Energy, Bloom Energy and Amogy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fuelcellenergy.com | 1969 | United States | 591 | Online platform offering fuel cell-based solutions | ||
| bloomenergy.com | 2001 | United States | $973.4M | 376 | Provider of solid oxide fuel cell technology | |
| amogy.co | 2021 | Brooklyn, United States | $287.29M | Modular ammonia-to-power systems are developed for heavy industry decarbonization. |
Detailed competitors of Watt Fuel Cell
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Web traffic of Watt Fuel Cell
The website of Watt Fuel Cell (wattfuelcell.com) receives about 4.5K visits a month.
- Monthly visits4.5K
▲ 0.9% vs previous month
Websites whose visitors overlap most with Watt Fuel Cell. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
theclimateregistry.org | theclimateregistry.org | 100% | #3,423,099 | – | |
| fuelcellenergy.com | 82% | 30.5K | #1,015,995 | View details | |
| fuelcellstore.com | 66% | #498,349 | View details | ||
leeind.com | leeind.com | 59% | #3,518,884 | – | |
| bwr-innovations.com | 33% | 1.3K | #12,427,575 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Watt Fuel Cell
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Energy Storage Systems
3 companies that operate in the same segment as Watt Fuel Cell (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Related news about Watt Fuel Cell
Complete news archive for 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 CEO of Watt Fuel Cell, as recorded in our data. They have also founded this company.
Watt Fuel Cell is a funded company, having raised a total of $174.06M across 11 funding rounds to date. The company's 1st funding round was a Grant of $100K, raised on Jun 2012.
Watt Fuel Cell has 25 employees.
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, Amogy and FuelCell Energy.
Watt Fuel Cell offers WATT HOMEâ„¢, WATT REMOTEâ„¢, and WATT NOMADâ„¢.
Watt Fuel Cell has 6 investors. Key investors include Generac Power Systems, Senvest Capital, New York State Energy Research and Development Authority, EQT Corporation, and Park West Asset Management.
Watt Fuel Cell operates through Watt Fuel Cell Corp.