Exowatt raised an additional $50 million in funding led by MVPVentures and 8090Industries to expand U.S. manufacturing and accelerate deployments of its Exowatt P3 dispatchable solar systems to energy-intensive AI data centers and power-hungry industrial sites.
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Counterparts (16)
Investor
StepStone
company
StepStone is a global private markets investment firm focused on providing customized investment solutions and advisory and data services. They invest across various private market asset classes, including infrastructure.
DeepWork Capital
company
DeepWork Capital is a venture capital firm that invests in early-stage growth companies in the technology and life science sectors. They focus on companies located in Florida and the Southeast.
8090Industries
company
8090Industries is an infrastructure investment firm focused on renewable energy and sustainable infrastructure projects. They invest in greenfield and brownfield projects across various sectors, including solar, wind, and energy storage.
MVPVentures
company
MVPVentures focuses on infrastructure investments across various sectors. They aim to create value through strategic partnerships and operational improvements.
MassiveVC
company
Massive VC is a venture capital firm that invests in early-stage companies. They focus on a variety of sectors including infrastructure.
Felicis
company
Felicis is a venture capital firm that invests in companies reinventing core markets, as well as those building frontier technologies. They focus on early-stage investments.
Atomic
company
Atomic is a venture capital firm that founds companies. They identify opportunities, recruit experienced founders, and provide capital to launch and scale new ventures.
Overmatch
company
Overmatch is a company that provides services related to energy and infrastructure. Their website indicates a focus on connecting talent with opportunities within these sectors.
Protagonist
company
Protagonist is a brand strategy and design agency. They help companies define and express their brands.
Dragon Global
company
Dragon Global is an investment firm focused on infrastructure projects. They invest in a variety of sectors and geographies.
BayBridge Ventures
company
BayBridge Ventures is a venture capital firm focused on investing in early-stage companies. While their website does not explicitly state an infrastructure investment focus, their general investment strategy suggests they may consider opportunities in relevant sectors.
New Atlas Capital
company
New Atlas Capital is an investment firm focused on infrastructure and real assets. They invest across various sectors including energy, transportation, and digital infrastructure.
BAM
company
Royal BAM Group nv is a construction services company headquartered in the Netherlands. BAM undertakes design, construction, renovation and maintenance projects, offering specialist services including mechanical, electrical and plumbing services, civil engineering, piling, concrete structures, property development and rail.
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Source Intelligence
KEY DETAILS
Exowatt has raised $140m in under two years. Quote: With $140m raised in under two years
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Deal Size
Exowatt today announced $50m in additional funding
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Capacity
commercial pipeline has a current demand backlog exceeding 90 GWh
“
Location
near AI data centers nationwide
“
Announcement
MIAMI, November 12, 2025 — Exowatt, a next-generation renewable energy company, today announced $50m in additional funding
PARTIES MENTIONED IN SOURCE
M
MVPVentures
investor
"The $50m capital investment was led by MVPVentures and 8090Industries"
8
8090Industries
investor
"The $50m capital investment was led by MVPVentures and 8090Industries"
F
Felicis
investor
"extension to Exowatt’s April 2025 $70m Series A round led by Felicis"
T
The Florida Opportunity Fund
investor
"Additional investors for this extension include The Florida Opportunity Fund"
D
DeepWork Capital
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital"
D
Dragon Global
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global"
M
MassiveVC
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC"
N
New Atlas Capital
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital"
B
BAM
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital, BAM"
O
Overmatch
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital, BAM, Overmatch"
P
Protagonist
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital, BAM, Overmatch, Protagonist"
S
StepStone
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital, BAM, Overmatch, Protagonist, StepStone"
A
Atomic
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital, BAM, Overmatch, Protagonist, StepStone, Atomic"
B
BayBridge Ventures
investor
"Additional investors for this extension include The Florida Opportunity Fund, DeepWork Capital, Dragon Global, MassiveVC, New Atlas Capital, BAM, Overmatch, Protagonist, StepStone, Atomic, and BayBridge Ventures."
high quality
Enriched Feb 19, 2026
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Global Infrastructure Sherpa