Watter’s Million Funding for Revolutionary Heat Recovery Technology in Homes and Businesses
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Watter’s $5 Million Funding for Revolutionary Heat Recovery Technology in Homes and Businesses

Title: WATTER Secures $5 Million Funding to Revolutionize Energy Efficiency in Computing

WATTER, a trailblazing company revolutionizing compute efficiency through energy repurposing, has successfully closed a $5 million seed round led by Hunt Innovative Technologies and 17Shoals Inc. This funding milestone marks a pivotal moment as WATTER emerges from Hunt Innovative Technologies to scale its innovative distributed compute model, utilizing waste heat from compute devices to heat water in residential homes and commercial properties.

Former NASA Data Scientist and Founder of Parasanti, James Hancock, will lead WATTER as CEO, bringing extensive expertise in edge computing, energy markets, and scalable product innovation. Hunt Innovative Technologies, a subsidiary of Hunt Energy, has been instrumental in incubating WATTER, with its leadership continuing to shape the company’s vision.

“This funding enables us to deploy more prototypes, validate our technology for scale, and position WATTER as the most energy-efficient compute solution available,” stated James Hancock, CEO of WATTER. The company’s unique approach not only improves energy efficiency but also redefines the economics of distributed computing, addressing the surging demand for compute power while navigating energy constraints.

With a focus on scaling pilot deployments, securing key partnerships, and preparing for a Series A raise, WATTER is poised for significant growth. The company’s mission to revolutionize the intersection of computing and energy efficiency has garnered praise from industry leaders like Todd Benson, Chief Innovation Officer for Hunt Innovative Technologies, who emphasized the importance of WATTER’s solution in enhancing environmental sustainability and grid stability.

Hunter Hunt, CEO of Hunt Energy, expressed enthusiasm for WATTER’s innovative approach, highlighting the company’s ability to transform wasted heat into a valuable resource. By reducing grid demand and enhancing energy resiliency, WATTER is pioneering a sustainable model for energy utilization that addresses pressing environmental and economic challenges.

Tracey Maynor of 17Shoals shared her excitement for WATTER’s potential impact on commercial markets and local communities, emphasizing the importance of technology that addresses environmental and grid infrastructure challenges while supporting financially strained homeowners.

The convergence of computing and energy efficiency has positioned WATTER as a key player in addressing the evolving landscape of the compute market. As the company prepares for future expansion, its focus on advancing technology for scale and maximizing energy efficiency sets a new standard for the industry.

In conclusion, WATTER’s innovative approach to energy efficiency in computing represents a significant step forward in addressing the challenges of the modern compute market. With a strong foundation laid by this funding round, the company is poised for growth and impact in the industry. For more information on WATTER’s groundbreaking solutions, visit their website at https://watter.com.