Thermal Energy Storage Company Exowatt Raises $50 Million in Funding

The funding round was led by MVP Ventures and 8090 Industries

November 14, 2025

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Exowatt, a provider of thermal energy storage solutions, has secured an additional $50 million in funding. The investment was led by MVP Ventures and 8090 Industries, along with additional investors including the Florida Opportunity Fund, DeepWork Capital, Dragon Global, Massive VC, New Atlas Capital, BAM, Overmatch, Protagonist, StepStone, Atomic, and Bay Bridge Ventures.

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