Exowatt completes $20 million financing, a16z participates in the investment
Startup company Exowatt announced that it is addressing the energy needs of data centers through its ceramic battery technology. The company claims that its technology can store solar energy for months, helping to cope with the rapid growth of power consumption in data centers. The company has received $20 million in seed funding, with investors including a16z and Altman. According to reports, Exowatt has accumulated 1.2 gigawatts of orders, mainly focused on data centers and cryptocurrency mining projects in the United States.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Standard Chartered Analysts Predict Stablecoins Will Represent 10 Percent of US Economy in the Future!
Analysts at Standard Chartered and Zodia Markets predict that stablecoin adoption will see significant growth, potentially representing 10% of US M2 transactions in the future.
Is $100,000 the Limit in the Bitcoin Rally or Will It Continue? Here’s a Clear Opinion for the Top
While the Bitcoin price has reached the $100,000 limit, the questioning of what goes beyond this level has begun. Here are the details.
Why the Public Isn’t Showing as Much Interest as Previous Bulls, Even as Bitcoin Nears $100,000? Here’s the Data and the Answer
Why is there not as much interest as before, even though the Bitcoin price has pushed the previously unimaginable $100,000 level? Here is the data.
Hong Kong Giant Company Disposed of This Altcoin and Purchased Bitcoin (BTC) Instead!
A giant Hong Kong company exchanged its Ethereum holdings for Bitcoin.
Trending news
MoreCrypto prices
More
