Joulent
About Joulent
Joulent is a Power Plants startup based in Houston, United States that has raised $1.8B in venture capital across 1 funding round since 2026. The company reached Strategic Investment stage in July 2026 with a $1.8B round led by National Grid Ventures at a $5B valuation. Joulent's investor base includes 1 institutional fund, with National Grid Ventures leading the most recent equity round.
Joulent is a Houston-based, technology-driven energy company developing multi-gigawatt, firm baseload power infrastructure for AI data centers and other compute-intensive industries. Its modular "Across-the-Meter" approach co-locates power generation directly with customer demand, minimizing reliance on the existing grid. The company's flagship project, Kilby, is a 2.67 GW West Texas power facility built to supply a Microsoft-operated data center under a 20-year power purchase agreement.
Joulent Funding Rounds Timeline
1 rounds · $1.8B raised · since 2026
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Strategic Investment | July 2026 | $1.8B | $5B | National Grid Ventures | — |
Investors in Joulent
1 institutional investors across 1 rounds
Lead investors
Recent news about Joulent
Questions about Joulent
How much has Joulent raised?
Joulent has raised $1.8B across 1 funding round since 2026.
Who are the investors of Joulent?
Joulent's investors include National Grid Ventures.
When was Joulent's last funding round?
Joulent's most recent round was a $1.8B Strategic Investment in July 2026, led by National Grid Ventures.
What is Joulent's valuation?
Joulent reached a $5B valuation (unicorn status) with its Strategic Investment round in July 2026.
Where is Joulent headquartered?
Joulent is headquartered in Houston, United States, and was founded in 2026 by Chris James.