DG Matrix to supply Interport device to Exowatt

By Global Infrastructure Sherpa · Feb 18, 2026

Supply Agreement Data Center announced Feb 18, 2026

USD60M

Deal Value

2.4 MW

Capacity

DG Matrix will provide its Interport device to Exowatt, which is building solar-plus-storage containers to supply data centers with 24/7 electricity.

Source Intelligence

KEY DETAILS

DG Matrix is in the process of rolling out initial units to customers in June. Currently, data centers represent about 90% of DG Matrix’s pipeline, with the remainder devoted to EV charging for fleets.

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Deal Size

One solid-state transformer startup, DG Matrix , has raised $60 million in a Series A round, TechCrunch has exclusively learned.

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Capacity

One Interport can handle up to 2.4 megawatts of connections.

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Announcement

Tim De Chant 4:30 AM PST · February 18, 2026

PARTIES MENTIONED IN SOURCE

D

DG Matrix seller

"The company also recently announced a deal to provide its Interport device to Exowatt"

E

Exowatt buyer

"The company also recently announced a deal to provide its Interport device to Exowatt, the startup building solar-plus-storage containers to supply data centers with 24/7 electricity."

E

Engine Ventures investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

A

ABB investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

C

Cerberus Ventures investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

C

Chevron Technology Ventures investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

C

Clean Energy Ventures investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

F

Fine Structure Ventures investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

H

Helios Climate Ventures investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

M

MCJ investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

P

Piedmont Capital investor

"Engine Ventures led the round with ABB, Cerberus Ventures, Chevron Technology Ventures, Clean Energy Ventures, Fine Structure Ventures, Helios Climate Ventures, MCJ, and Piedmont Capital participating."

high quality Enriched Feb 19, 2026

Timeline

Announced

Feb 18, 2026

Signed

Closed

Counterparts (2)

Buyer

Exowatt is focused on developing and deploying advanced energy solutions. They aim to accelerate the...

supplier

DG Matrix is an advisory firm focused on the infrastructure sector. They provide services related to...

Market Context

This deal is part of the Data Center sector.

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