FUNDING
Company Profile
Joulent develops, owns, and sells contracted power generation and high-voltage electrical infrastructure built directly next to large electricity users such as AI data centers.
Houston, Texas$1.75B raised$5B valuation
Investors
National Grid VenturesEngine No. 1GE VernovaEnergy Forge (Chevron)
Funding & Valuation History
from our coverage| Date | Event | Amount | Valuation | Source |
|---|---|---|---|---|
| Jul 2, 2026 | Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy Raise | $1.75B lead deal (Joulent) | — | Story → |
Joulent FAQ
- What is Joulent's valuation in 2026?
- Joulent was last valued at $5B in its most recent funding round.
- How much has Joulent raised?
- Joulent has raised approximately $1.75B in total funding to date.
- Is Joulent publicly traded?
- No. Joulent is privately held, last valued at $5B.
- Who are Joulent's investors?
- Joulent's investors include National Grid Ventures, Engine No. 1, GE Vernova, Energy Forge (Chevron).
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.
FUNDING
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.