Key Metrics
Company Snapshot
Joulent is a Energy infra company, based in Houston, Texas, USA. Latest valuation ~$5B (As of Jul 1, 2026, Business Wire).
Recent changes
- Jul 2, 2026Jul 2, 2026Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy Raise Pulse story
- Jul 1, 2026Jul 1, 2026Raised $1.75B Strategic investment at a ~$5B valuation Business Wire
- Jul 1, 2026Jul 1, 2026First reported valuation: ~$5B Business Wire
- Jul 1, 2026Jul 1, 2026New investor: National Grid Ventures Business Wire
- Jul 1, 2026Jul 1, 2026National Grid Invests $1.75B in Joulent to Power US AI Data Centers Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Jul 1, 2026 | Strategic investment | $1.75B | ~$5B | National Grid VenturesLeadunverified | Business Wire |
Investors
Latest Pulse
- Jul 6, 2026Samsung Floats a 2028 Seaborne Datacenter LaunchSamsung has floated a 2028 launch target for a floating, seaborne datacenter concept, a novel approach to siting AI infrastructure that sidesteps land, permitting and grid-connection constraints on shore.→
- Jul 4, 2026Why AI Infrastructure Megarounds Are Swallowing the Series B MarketA string of multi-billion-dollar AI infrastructure raises this year -- Crusoe, Together AI, Quantum Systems, National Grid's Joulent bet -- shows venture capital concentrating in physical AI infrastructure at the expense of traditional Series B-sized rounds.→
- Jul 2, 2026Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy RaiseCrunchbase News' roundup of the week's 10 biggest funding rounds (June 27-July 2) was led by Houston-based energy infrastructure provider Joulent's $1.75 billion raise from National Grid Ventures, aimed squarely at AI and compute-intensive industries' power needs. Together AI's $800M Series C and Venice AI's $65M unicorn round both placed inside the top 10, alongside biotech, legal-tech, sports and video-AI rounds spanning a genuinely broad set of categories beyond pure frontier-model AI.→
- Jul 1, 2026National Grid Invests $1.75B in Joulent to Power US AI Data CentersNational Grid Ventures is investing $1.75 billion for a 35% stake in Joulent, a US platform building contracted power generation and high-voltage infrastructure for data centers, valuing the company at roughly $5 billion and funding a 2.67GW Texas facility.→
Coverage Timeline
newest firstAll Coverage
FUNDING$1.75B lead deal (Joulent)
Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy Raise
Crunchbase News' roundup of the week's 10 biggest funding rounds (June 27-July 2) was led by Houston-based energy infrastructure provider Joulent's $1.75 billion raise from National Grid Ventures, aimed squarely at AI and compute-intensive industries' power needs. Together AI's $800M Series C and Venice AI's $65M unicorn round both placed inside the top 10, alongside biotech, legal-tech, sports and video-AI rounds spanning a genuinely broad set of categories beyond pure frontier-model AI.
National Grid Invests $1.75B in Joulent to Power US AI Data Centers
FUNDING$1.75B strategic investment
National Grid Invests $1.75B in Joulent to Power US AI Data Centers
National Grid Ventures is investing $1.75 billion for a 35% stake in Joulent, a US platform building contracted power generation and high-voltage infrastructure for data centers, valuing the company at roughly $5 billion and funding a 2.67GW Texas facility.
Value Add Research
Joulent FAQ
What is Joulent's valuation?
Joulent's valuation is ~$5B (As of Jul 1, 2026, Business Wire).
Who are Joulent's investors?
Joulent's investors include National Grid Ventures, Energy Forge (Chevron), Engine No. 1, GE Vernova (As of Jul 1, 2026).
Sources & methodologyshow
Where these figures come from
- Business Wireprimary source2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.