Exowatt Secures $70 Million In Series A Funding Led By Felicis And Top Investors

Exowatt, a Miami-based renewable energy startup founded in 2023 by CEO Hannan Happi and Atomic CEO Jack Abraham, has raised $70 million in Series A funding—bringing its total to $90 million. The round was led by Felicis and included equity from top investors like Andreessen Horowitz, Thrive Capital, and Sam Altman, alongside $35 million in debt financing from HSBC Innovation Banking and partners. The funding will accelerate domestic production and deployment of Exowatt’s flagship P3 product, a modular solar solution designed to meet the growing energy demands of data centers. INVESTORS: Felicis, Andreessen Horowitz, 8090 Industries, Starwood Capital, Thrive Capital, MCJ Collective, MVP Ventures, GOAT VC, StepStone Group, Atomic, Sam Altman & Leonardo DiCaprio ROUND: Series A AMOUNT: $70,000,000 HQ: #Miami #Florida #VentureCapital #Exowatt #JackAbraham #HannanHappi #Felicis #AndreessenHorowitz #8090Industries #StarwoodCapital #ThriveCapital #MCJCollective #MVPVentures #GOATVC #StepStoneGroup #Atomic #SamAltman #LeonardoDiCaprio #TradedVC

More Deals

View All

Puppy Sphere Secures Seed Round Of $24 Million From Strategic Investors Including The School Of Hard KnocksPuppy Sphere (@ThePuppySphere), a New York-based wellness brand centered on the human-animal bond, has raised a Seed round from a group of strategic investors including The School of Hard Knocks, Tobi Oluwole, Jake Fleshner, Torch Collective, former Massage Envy CEO David Humphrey, and other founders and operators. Founded by Francesca Albo and Lea Burbidge Izquierdo, Puppy Sphere has scaled its puppy yoga concept into a broader experiential wellness platform with 13 studios, corporate wellness programs, brand partnerships, and live activations, serving more than 450,000 customers and partnering with companies including Google, Amazon, Netflix, TikTok, and the NBA. FUN FACT: Puppy Sphere was born from two Canadian founders’ own mental health journeys and has since grown into 13 studios across North America, $14M+ in cumulative revenue, and 450,000+ customers, all without outside capital. Along the way, the brand has welcomed names like Sabrina Carpenter, Simu Liu, Trevor Noah and Alessia Cara, while building a broader wellness platform around the gentle power of puppy therapy. Now Puppy Sphere is opening its cap table for the first time through a strategic angel round, bringing together leaders across media, consumer growth and wellness, including The School of Hard Knocks, former Massage Envy CEO David Humphrey, growth entrepreneur Tobi Oluwole, and Nucleus Network co-founder Jake Fleshner, alongside a broader group of strategic founders and operators. The vision: bring the gentle power of puppy therapy across the globe. FOUNDERS: Francesca Albo (@FrancescaaAlbo), Lea Burbidge Izquierdo (@LeaburbIz) INVESTORS: The School of Hard Knocks (@TheSchoolofHardKnockz), Tobi Oluwole (@TheTobiOluwole), Jake Fleshner (@JakeFleshner) Torch Collective, Heather Stark, Will Bodewes, Craig Zingerline & more ROUND: Seed VALUATION CAP: $24,000,000 HQ: New York, New York #VentureCapital #PuppySphere #TradedPartner #FrancescaAlbo #TradedVC