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HyWatts Inc.

HyWatts Inc.

Private
Berkeley, CaliforniaEnergy & Sustainabilityhttps://www.hywatts.com/

Last Round

Pre Seed

Dec 16, 2024

Est. Valuation

$3M

Total Funding Raised

$1.92M

Company Overview

HyWatts Inc. is a clean energy company that develops hydrogen-based energy storage solutions, including its flagship Power-Plant-in-a-Box™ system, to improve the scalability and reliability of renewable energy.

Sector

Energy & Sustainability

Verticals

Energy Storage, Renewable Energy, Alternative Fuels, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts, Usage-Based SaaS

AI Layer

Non-AI

Keywords

hydrogen energy storagelong-duration energy storageLDESreversible fuel cellHTPEMenergy-as-a-servicemicrogridmodular energy storagegreen hydrogenclean techhardtechelectrolyzerEV charging infrastructuredata center powerrenewable energy integration

Historical Pricing

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HyWatts Inc. Comparables

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HyWatts Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Reverion
77%
EnerVenue
73%
Advent Technologies Holdings Inc
68%

HyWatts Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Pre SeedDec 16, 2024
GrantJul 1, 2024
AcceleratorMar 11, 2024

Key People

Founding team and executive leadership

Sam Ruben

Co-Founder Chief Biz Dev Officer

Founding Team

Alex Ivanenko

CEO Founder

Founding Team

HyWatts Inc. Investors

Notable investors and investment history

HyWatts Inc. investors
InvestorRounds
Light Ray VenturesPre Seed
Plug and Play Tech CenterPre Seed
TechstarsAccelerator
BuildTech VCPre Seed
AloniqPre Seed
Climate CapitalPre Seed
Grid CatalystPre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 24, 2025

    Added Good Developments Group, a real estate startup, as a customer.

  • Dec 24, 2025

    Added Piasecki Aircraft Corporation, an Aerospace & Defense company, as a customer.

HyWatts Inc. Filings

SEC and related filings with document metadata.

Data table
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HyWatts Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBerkeley, California
Employee Range6
Year Founded2023
Last FundingDec 16, 2024

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