Deals Counterparts

Exowatt selects DG Matrix's Interport for modular P3 generation and storage systems

Supply Agreement Solar announced Feb 18, 2026
USD60M
Deal Value

Exowatt selected DG Matrix’s Interport as the preferred power-conversion platform for its modular P3 generation and storage systems for hyperscale data centers.

Source Intelligence

KEY DETAILS

DG Matrix's total capital raised to over $100 million: "This milestone brings DG Matrix’s total capital raised to over $100 million, accelerating the company’s mission to transform power infrastructure for AI data centers and mass electrification."

Deal Size
DG Matrix Closes $60 Million Series A to Scale Next-Generation Power Infrastructure for AI and Electrification
Announcement
DG Matrix, the global leader in solid-state transformer solutions, today announced the close of its $60 million Series A funding.
PARTIES MENTIONED IN SOURCE
D
DG Matrix seller

"DG Matrix, the global leader in solid-state transformer solutions, today announced the close of its $60 million Series A funding."

E
Engine Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

H
Helios Climate Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

M
Mitsubishi Heavy Industries, Ltd. investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

F
Fine Structure Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

M
MCJ investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

S
Sabanci Climate Ventures investor

"Engine Ventures led the oversubscribed round, with participation from Helios Climate Ventures, Mitsubishi Heavy Industries, Ltd., Fine Structure Ventures, MCJ and Sabanci Climate Ventures."

A
ABB investor

"All existing investors committed new capital in this round, including ABB, the global technology leader in electrification and automation."

E
Exowatt buyer

"The company recently announced a strategic partnership with Exowatt, the next-generation renewable-energy company backed by a16z and Sam Altman, to deploy gigawatt-scale, behind-the-meter power systems for hyperscale data centers."

P
PowerSecure N/A

"Additionally, DG Matrix was named to the 2026 Global Cleantech 100 and announced a strategic collaboration with PowerSecure, a subsidiary of Southern Company, to deliver next-generation energy systems nationwide."

high quality Enriched Feb 19, 2026

Timeline

Announced
Feb 18, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector.
473
Solar deals
1 of 452 Solar deals tracked this month · Updated daily

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