# Exowatt funding: rounds and investors > Exowatt has raised $50M across 2 rounds since 2025. Investors include Andreessen Horowitz, Felicis and Thrive Capital. Every round with its source. Source: https://millionrounds.com/company/exowatt (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *Exowatt* 2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Raised 9 months ago Funding summary Updated 26 Oct 2026 **$50M** raised across 2 rounds since 2025, from 2 sources - **Latest round:** Venture Feb 2026 - **Biggest round:** $50M Series A · Nov 2025 - **Investors:** 6 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2026 **$50M** Series A **?** Venture - **First round:** Series A, $50M - **Biggest round:** $50M - **Between rounds:** 3 months ## The rounds - **Feb 2026** Venture **Amount undisclosed** *1 new* *2 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Felicis](https://millionrounds.com/fund/felicis-ventures) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) Source recorded - **Nov 2025** Series A **$50M** *5 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [StepStone Group](https://millionrounds.com/fund/stepstone-group) [DeepWork Capital](https://millionrounds.com/fund/deepwork-capital) Source recorded ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2025 **Venture** 2026 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [StepStone Group](https://millionrounds.com/fund/stepstone-group) [DeepWork Capital](https://millionrounds.com/fund/deepwork-capital) ## Everyone who backed them [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds [Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **2** rounds [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm **1** round [StepStone Group](https://millionrounds.com/fund/stepstone-group) Fund of funds **1** round [DeepWork Capital](https://millionrounds.com/fund/deepwork-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=exowatt). ## Also claim to have backed them These 5 firms list Exowatt as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Atomic](https://millionrounds.com/fund/atomic) VC firm Per its own site [Bleu Capital](https://millionrounds.com/fund/bleu-capital) VC firm Per its own site [Acclimate Ventures](https://millionrounds.com/fund/acclimate-ventures) VC firm Per its own site [Auxilium Partners](https://millionrounds.com/fund/auxilium-partners) VC firm Per its own site [Massive](https://millionrounds.com/fund/massive) VC firm Per its own site ## Quick answers about Exowatt ### Who invested in Exowatt? Exowatt's investors include Andreessen Horowitz, Felicis, Thrive Capital, A16z Crypto and StepStone Group, and 1 more on record. ### How much has Exowatt raised? Exowatt has raised $50M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor. ### When did Exowatt last raise? Exowatt's most recent round was a Venture in Feb 2026. ### What was Exowatt's biggest round? Exowatt's largest round on record is $50M (Series A), in Nov 2025. ### Who backed Exowatt first? Exowatt's first round on record, in Nov 2025, was backed by Andreessen Horowitz, Felicis and Thrive Capital and 2 others. ### What stage is Exowatt at? Exowatt's latest named round is a Venture, in Feb 2026. ### Where is Exowatt based? Exowatt is based in the United States. ## Companies like Exowatt In the same sector, and raised in the last eighteen months. 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