# Innowatts funding: rounds and investors > Innowatts has raised $18M across 2 rounds since 2019. Investors include Energy Impact Partners, US Department of Energy and Shell Ventures. Source: https://millionrounds.com/company/innowatts (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Innowatts* 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. Big Data & Analytics Energy Follow Innowatts and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Finnowatts) Funding summary Updated 27 Oct 2026 **$18M** raised across 2 rounds since 2019, from 2 sources **$18M** Series B **$50K** Grant - **Latest round:** Grant, $50K Sept 2023 - **Biggest round:** $18M Series B · May 2019 - **Investors:** 6 (1 led) 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. 2020 2021 2022 2023 **$18M** Series B **$50K** Grant - **First round:** Series B, $18M - **Biggest round:** $18M - **Between rounds:** 4.3 years ## The rounds - **Sept 2023** Grant **$50K** *1 new* *1 returning* [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Source recorded - **May 2019** Series B **$18M** *5 new* [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) Lead [Shell Ventures](https://millionrounds.com/fund/shell-ventures) [Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) [Energy Venture Capital](https://millionrounds.com/fund/energy-venture-capital) Iberdrola Reported by FinSMEs ## 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 B** 2019 **Grant** 2023 [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) L [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Shell Ventures](https://millionrounds.com/fund/shell-ventures) [Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) [Energy Venture Capital](https://millionrounds.com/fund/energy-venture-capital) Iberdrola ## Everyone who backed them [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **2** rounds, led 1 [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round [Shell Ventures](https://millionrounds.com/fund/shell-ventures) Corporate VC **1** round [Evergy Ventures](https://millionrounds.com/fund/evergy-ventures) Corporate VC **1** round [Energy Venture Capital](https://millionrounds.com/fund/energy-venture-capital) VC firm **1** round Iberdrola no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=innowatts). ## Quick answers about Innowatts ### Who invested in Innowatts? Innowatts's investors include Energy Impact Partners, US Department of Energy, Shell Ventures, Evergy Ventures and Energy Venture Capital, and 1 more on record. ### How much has Innowatts raised? Innowatts has raised $18M across 2 rounds since 2019. ### When did Innowatts last raise? Innowatts's most recent round was a Grant of $50K in Sept 2023. ### What was Innowatts's biggest round? Innowatts's largest round on record is $18M (Series B), in May 2019, led by Energy Impact Partners. ### Who backed Innowatts first? Innowatts's first round on record, in May 2019, was backed by Energy Impact Partners, Shell Ventures and Evergy Ventures and 2 others. ### What stage is Innowatts at? Innowatts's latest named round is a Grant, in Sept 2023. ### Where is Innowatts based? Innowatts is based in the United States. ### Who led Innowatts's rounds? Energy Impact Partners led the Series B in 2019. ## Companies like Innowatts In the same sector, and raised in the last eighteen months. [**Ayar Labs** $904M · Oct 2026](https://millionrounds.com/company/ayar-labs)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app