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Exowatt
Exowatt is an American renewable energy company based in Miami, Florida, founded in 2023 by Hannan Happi and Jack Abraham. The company designs modular thermal energy storage systems aimed at providing dispatchable renewable power, primarily targeting data centers and other energy intensive commercial applications. Exowatt's product is the Exowatt P3, a modular solar thermal energy system that provides up to 24 hours of dispatchable power daily. The system captures solar energy using specialized lenses, stores it as heat in a long duration thermal battery, and converts it to electricity on demand using a heat engine. As of April 2025, Exowatt had raised $90 million in venture capital funding. Corporate history Exowatt was founded in 2023 by Hannan Happi (CEO) and Jack Abraham (Chairman). Happi's background includes roles at Siemens, General Electric, and Tesla, while Abraham is also the CEO of venture studio Atomic, where Exowatt was incubated, and co-founder of other companies i ...
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Jack Abraham
Jack Abraham is an American businessperson, serial entrepreneur, investor, and the founding and managing partner of startup studio and investment fund Atomic. Career In 1999, at the age of 13, Abraham began working summers, nights, and weekends at Comscore, a marketing analytics company co-founded by his father Magid Abraham. In 2004, after working for his father, Abraham enrolled in the Wharton School at the University of Pennsylvania in Philadelphia, studying technical entrepreneurship. Three years later, in 2007, Abraham dropped out of Wharton to start a local product search engine company, Milo.com. Abraham then went on to be Head of Local at eBay. During his tenure, Abraham led the creation of the news feed for the site as well as "brought an entrepreneurial mindset to eBay." In 2012, Abraham started Atomic Labs, a San Francisco-based startup studio and venture capital investment firm. With limited partners including Peter Thiel and Marc Andreessen, Atomic started with ...
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Sam Altman
Samuel Harris Altman (born April 22, 1985) is an American technology entrepreneur, investor, and the chief executive officer of OpenAI since 2019 (he was Removal of Sam Altman from OpenAI, briefly dismissed and reinstated in November 2023). He is considered one of the leading figures of the AI boom. Altman dropped out of Stanford University after two years and founded Loopt, a mobile social networking service, raising more than $30million in venture capital. In 2011, Altman joined Y Combinator, a startup accelerator, and was its president from 2014 to 2019. He has served as Chair (officer), chairman of clean energy companies Helion Energy and Oklo Inc., Oklo (until April 2025). Altman's net worth was estimated at $1.8billion as of June 2025. Early life and education Altman was born on April 22, 1985, in Chicago, Illinois, into a Jewish family, and grew up in St. Louis, Missouri. His mother was a dermatologist, and his father a real estate broker. Altman is the eldest of four ...
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Thermal Energy Storage
Thermal energy storage (TES) is the storage of thermal energy for later reuse. Employing widely different technologies, it allows surplus thermal energy to be stored for hours, days, or months. Scale both of storage and use vary from small to large – from individual processes to district, town, or region. Usage examples are the balancing of energy demand between daytime and nighttime, storing summer heat for winter heating, or winter cold for summer cooling (Seasonal thermal energy storage). Storage media include water or ice-slush tanks, masses of native earth or bedrock accessed with heat exchangers by means of boreholes, deep aquifers contained between impermeable strata; shallow, lined pits filled with gravel and water and insulated at the top, as well as eutectic solutions and phase-change materials. Other sources of thermal energy for storage include heat or cold produced with heat pumps from off-peak, lower cost electric power, a practice called peak shaving; ...
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Solar Energy
Solar energy is the radiant energy from the Sun's sunlight, light and heat, which can be harnessed using a range of technologies such as solar electricity, solar thermal energy (including solar water heating) and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include designing a building for better daylighting (architecture), daylighting, selecting materials with favorable thermal mass or light-dispersing properties, and organizing spaces that ventilation (architecture), naturally circulate air. In 2011, the International Energy Agency said that "the development of affordable, inexhaustible and clean solar energy technolo ...
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Hims & Hers Health
Hims & Hers Health, Inc. is an American telehealth company established in 2017. The company provides prescription medications, over-the-counter medications, and personal care products. Hims & Hers operates with a direct-to-consumer model. Consumers consult licensed healthcare professionals and access treatments and products through the company's platform. Customers pay for a consultation with a doctor to prescribe the drug along with the price of the drug itself. The company has expanded its offerings to include health solutions for both men and women, along with mental health services. Founding, expansion, and public offering Hims Inc. was established in 2017 by Jack Abraham, Andrew Dudum and Hilary Coles as a part of the Atomic Labs portfolio. In January 2019, Hims raised $100 million in a Series C funding round with a pre-money valuation of $1 billion. In the same month, Hims was launched in the United Kingdom with a catalogue limited by European regulation. Public offe ...
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Andreessen Horowitz
AH Capital Management, LLC (commonly known as Andreessen Horowitz, or a16z) is an American privately held venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of May 2024, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management, with $42 billion. Andreessen Horowitz invests in both early-stage Startup company, startups and established Growth stock, growth companies. Its investments span the healthcare, consumer, cryptocurrency, gaming, fintech, education, and enterprise IT (including cloud computing, security, and software as a service) industries. Founding and partnering Between 2006 and 2010, Marc Andreessen and Ben Horowitz actively invested in Technology company, technology companies. Both separately and together, they invested $4 million in 45 startups, including Twitter, Inc., Twitter. During this time, the two became known as "super angel" investors. ...
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Anaheim, California
Anaheim ( ) is a city in northern Orange County, California, United States, part of the Greater Los Angeles area. As of the 2020 United States census, 2020 census, the city had a population of 346,824, making it the most populous city in Orange County, the List of municipalities in California, tenth-most populous city in California, and the List of United States cities by population, 57th-most populous city in the United States. The second largest city in Orange County in terms of land area, Anaheim is known for being the home of the Disneyland Resort, the Anaheim Convention Center, and two professional sports teams: the Los Angeles Angels of Major League Baseball (MLB) and the Anaheim Ducks of the National Hockey League (NHL). It also served as the home of the Los Angeles Rams of the National Football League (NFL) from 1980 through 1994. Anaheim was founded by fifty German American, German families in 1857 and municipal corporation, incorporated as the second city in Los Angel ...
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Concentrated Solar Power
Concentrated solar power (CSP, also known as concentrating solar power, concentrated solar thermal) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight into a receiver. Electricity is generated when the concentrated light is converted to heat (solar thermal energy), which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction. As of 2021, global installed capacity of concentrated solar power stood at 6.8 GW. As of 2023, the total was 8.1 GW, with the inclusion of three new CSP projects in construction in China and in Dubai in the UAE. The U.S.-based National Renewable Energy Laboratory (NREL), which maintains a global database of CSP plants, counts 6.6 GW of operational capacity and another 1.5 GW under construction. Comparison between CSP and other electricity sources As a thermal energy generating power station, CSP has more in common with thermal power s ...
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Data Center
A data center is a building, a dedicated space within a building, or a group of buildings used to house computer systems and associated components, such as telecommunications and storage systems. Since IT operations are crucial for business continuity, it generally includes redundant or backup components and infrastructure for power supply, data communication connections, environmental controls (e.g., air conditioning, fire suppression), and various security devices. A large data center is an industrial-scale operation using as much electricity as a medium town. Estimated global data center electricity consumption in 2022 was 240–340  TWh, or roughly 1–1.3% of global electricity demand. This excludes energy used for cryptocurrency mining, which was estimated to be around 110 TWh in 2022, or another 0.4% of global electricity demand. The IEA projects that data center electric use could double between 2022 and 2026. High demand for electricity from data centers, incl ...
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Solar Energy
Solar energy is the radiant energy from the Sun's sunlight, light and heat, which can be harnessed using a range of technologies such as solar electricity, solar thermal energy (including solar water heating) and solar architecture. It is an essential source of renewable energy, and its technologies are broadly characterized as either passive solar or active solar depending on how they capture and distribute solar energy or convert it into solar power. Active solar techniques include the use of photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Passive solar techniques include designing a building for better daylighting (architecture), daylighting, selecting materials with favorable thermal mass or light-dispersing properties, and organizing spaces that ventilation (architecture), naturally circulate air. In 2011, the International Energy Agency said that "the development of affordable, inexhaustible and clean solar energy technolo ...
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Concentrated Solar Power
Concentrated solar power (CSP, also known as concentrating solar power, concentrated solar thermal) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight into a receiver. Electricity is generated when the concentrated light is converted to heat (solar thermal energy), which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction. As of 2021, global installed capacity of concentrated solar power stood at 6.8 GW. As of 2023, the total was 8.1 GW, with the inclusion of three new CSP projects in construction in China and in Dubai in the UAE. The U.S.-based National Renewable Energy Laboratory (NREL), which maintains a global database of CSP plants, counts 6.6 GW of operational capacity and another 1.5 GW under construction. Comparison between CSP and other electricity sources As a thermal energy generating power station, CSP has more in common with thermal power s ...
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Thermal Energy Storage
Thermal energy storage (TES) is the storage of thermal energy for later reuse. Employing widely different technologies, it allows surplus thermal energy to be stored for hours, days, or months. Scale both of storage and use vary from small to large – from individual processes to district, town, or region. Usage examples are the balancing of energy demand between daytime and nighttime, storing summer heat for winter heating, or winter cold for summer cooling (Seasonal thermal energy storage). Storage media include water or ice-slush tanks, masses of native earth or bedrock accessed with heat exchangers by means of boreholes, deep aquifers contained between impermeable strata; shallow, lined pits filled with gravel and water and insulated at the top, as well as eutectic solutions and phase-change materials. Other sources of thermal energy for storage include heat or cold produced with heat pumps from off-peak, lower cost electric power, a practice called peak shaving; ...
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