Technology-driven developer of multi-gigawatt energy infrastructure powering US AI data centers.
Joulent is a Houston, Texas–based developer of multi-gigawatt energy infrastructure and industrial power platforms built to meet AI data-center electricity demand. In July 2026 National Grid Ventures took a 35% stake for $1.75B — valuing Joulent at roughly $5B — to advance its high-voltage project pipeline and modular generation. Its first project, Kilby, will deliver ~2.67 GW to a Microsoft-operated data-center campus under a 20-year power purchase agreement.
Energy📍 Houston, TXFounded 2023
Current Valuation
$5.0B
as of 2026-Q3
UNICORN
QL Price
$5.0B
0% vs last round
QuantLogix's current estimate for Joulent, published 2026-09-05 — in line with the last disclosed round of $5.0B (2026-Q3).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$5.0B
2026-Q3
weight 1
How this price has held up
No round has priced for Joulent since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-05 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Joulent, 2026-09-05 (3970fee39345f2dd).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Joulent going public?
No. Joulent is private and has not filed to go public. There is no S-1 on file.
What is Joulent's valuation in 2026?
Joulent is valued at $5.0B as of 2026-Q3, set by its Strategic minority investment ($1.8B, Jul 2026). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Joulent filed an S-1?
No public S-1 is on file for Joulent.
Who are Joulent's investors?
Joulent's investors include National Grid Ventures.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2026-Q3. Refreshed quarterly.