Companies in the geothermal energy sector developing innovative solutions and technologies.
Explore 31 recently funded geothermal energy companies with verified founder contact information and fundraising data.
ElleThermo is an energy company that specializes in the manufacturing and sales of renewable energy generation devices and equipment.
Geothermal developer - Baseload renewable energy
Climate Transition Development excels renewables with Green Snow, advancing geothermal, carbon capture, and green cloud tech.
Eavor is a geothermal energy solution provider that develops a closed-loop system to provide baseload energy solutions.
TEVERRA is all about making the best and safest use of the Earth as a clean and stable energy source.
GeoEnergy NI has the potential to be a growth catalyst in the geothermal sector.
Quaise is an energy company that develops a millimeter-wave drilling technology to access deep geothermal energy.
$200B+ TAM | Raising Series A | 17 kt H₂/year Platform | Natural Hydrogen & Geothermal | Carbon-Negative | ESG Capital
Teichos Energy specializes in renewable energy solutions including the development of solar, wind and geothermal energy.
Infield Minerals explores and assesses gold and silver properties through mapping, sampling, geophysics, and drilling.
Fervo Energy develops and operates clean energy technology to generate carbon-free energy from geothermal systems.
ZGEO Energy develops geothermal plants, integrates thermal networks for mixed-use communities and supplies utility/industrial power.
Zanskar develops data-driven technology to identify and develop geothermal energy resources.
Baseload Capital is a Specialized Investment Entity investing in Heat Power.
GreenFire Energy delivers geothermal solutions that assure the availability of reliable, resilient, and scalable geothermal energy.
ignis H2 Energy is a Geothermal exploration and development company that mainly provides sustainable green energy.
Dig Energy produces purpose-built drilling technology to create highly efficient geothermal heating and cooling systems.
GA Drilling is developing a groundbreaking drilling technology PLASMABIT that enables revolution in geothermal energy, massive cost savings.
Terrestrial Energy is a developer of a reactor power plant technology to provide carbon-free energy for the global industry.
Borobotics is a manufacturing company that offers autonomous drilling robot intended for geothermal drilling.
Rendesco's mission is to transform the heating business by creating geothermal networks using ground-source heat pump technology.
AI, Natural Resources, Disruptive Technology
Controlled Thermal Resources is an oil and gas firm involved in lithium extraction, electricity generation, and geothermal power production.
Sage Geosystems develops geothermal and energy storage technologies that use subsurface heat and pressure to generate and store electricity.
The geothermal energy sector is an active area of startup innovation and venture capital investment. Companies in this space are developing new technologies, platforms, and services that address evolving market needs and create new business opportunities.
Geothermal Energy companies raise capital across various funding stages, from early seed rounds to late-stage growth financing. Investor interest in this sector is driven by the size of the addressable market, the pace of technology adoption, and the potential for scalable business models.
The geothermal energy sector is expected to continue evolving as technology advances, market dynamics shift, and new opportunities emerge. Companies that demonstrate strong product-market fit, efficient growth, and clear competitive advantages are well-positioned to attract continued investment.
Here is how funding is distributed among the 31 geothermal energy companies tracked in the VCBacked database.
Companies in the geothermal energy sector often overlap with or complement businesses in adjacent industries. Exploring related verticals can help you discover additional companies, identify partnership opportunities, and understand the broader competitive landscape.
Perfect for: B2B sales teams targeting geothermal energy companies, investors exploring sector opportunities, and service providers looking for funded companies ready to scale.
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