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Hover Energy is a Dallas-based clean-energy company that builds patented Wind-Powered Microgrids - rooftop arrays of compact 36 kW turbines that turn a building's own edge into a sail, combined with solar, storage, and an AI-driven control stack. The system is designed to offset most or all of a building's power use on site, delivering resilient, behind-the-meter electricity to commercial, industrial, and data-center customers. Paired with IBM's watsonx and Maximo software and scaled through joint ventures like EverOn Energy, Hover pitches an Energy-as-a-Service path to what it calls 'real zero.'

$50,000,000 (latest tranche)Series C

wind-powered microgridmicrogridrenewable energyclean techdistributed energyenergy storage