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XGS Energy (Formerly Geothermic Solution)
https://www.xgsenergy.com/Last activity: 21.05.2024
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XGS Energy is a geothermal energy company founded and headquartered in Palo Alto, CA. Our proprietary heat harvesting technology and closed-loop well architecture enable global deployment of terawatt-scale geothermal heat and power.
Location: United States, California, Palo Alto
Employees: 11-50
Total raised: $48.7M
Founded date: 2008
Funding Rounds 3
| Date | Series | Amount | Investors |
| 21.05.2024 | Series A | $20M | - |
| 24.01.2024 | - | $9.7M | - |
| 09.03.2023 | Series A | $19M | - |
Mentions in press and media 9
| Date | Title | Description |
| 21.05.2024 | XGS Energy Completes $20M in Series A Funding | XGS Energy, a Palo Alto, CA-based geothermal energy technology company, raised $20M in Series A funding. The round was led by Valo Ventures and VoLo Earth Ventures, and included participation from new investors B Current Impact Investment, ... |
| 24.01.2024 | XGS Energy Raises $9.7M in Financing | XGS Energy, a Palo Alto, CA-based innovator in geothermal energy technology, raised $9.7M in funding. The round was led by Constellation Technology Ventures, with BlueScopeX and Thin Line Capital, as well as individual inside investors. The... |
| 23.01.2024 | XGS Energy Nabs Additional $9.7M | PALO ALTO, CA, XGS Energy, an innovator in next-generation geothermal energy technology, today announced that it has raised an additional $9.7 million. >> Click here for more funding data on XGS Energy >> To export XGS Energ... |
| 09.03.2023 | California-based geothermal energy startup XGS Energy raises USD 19 million in funding | California’s PALO ALTO — — Geothermal energy pioneer XGS Energy has raised USD 19 million in funding, including a USD 14 million Series A backed by Anzu Partners. With the help of this finance, XGS Energy will advance its geothermal heat-ga... |
| 07.03.2023 | XGS Energy Raises $19M in Series A Financing | XGS Energy, a Palo Alto, CA-based geothermal energy technology company, raised $19M in funding, including a $14M in Series A financing. The round was led by Anzu Partners. The company intends to use the funds to develop its geothermal heat ... |
| 06.03.2023 | XGS Energy Secures $14M Series A | PALO ALTO, CA, XGS Energy has secured $19M in financing, including a $14M Series A led by Anzu Partners. >> Click here for more funding data on XGS Energy >> To export XGS Energy funding data to PDF and Excel, click here ... |
| - | 🛰️💥 Apex Space and LA's Role in the Current Space Tech Boom 🤝 Venture Deals 🤝 Venture Deals 🤝 Venture Deals 📅 LA Tech Calendar 📙 What We’re Reading | 🔦 Spotlight Image Source: Apex Space Mark Suster from Santa Monica-based Upfront Ventures recently interviewed the CEO and co-founder of LA-based Apex, Ian Cinnamon. The conversation shed light on Apex, a standout player in the Los Angeles ... |
| - | XGS Energy | “Reimagining geothermal energy with the first 24/7, carbon-free, scalable, truly closed-loop heat-harvesting system. Reach your full geothermal production potential--with a fraction of the water and cost of other geothermal systems.” |
| - | XGS Energy: Geothermal Energy Technology Company Raises $9.7 Million | XGS Energy – an innovator in next-generation geothermal energy technology – announced that it has raised an additional $9.7 million. The funding round was led by Constellation Technology Ventures, with BlueScopeX, and Thin Line Capital, and... |