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Develops subsurface stimulation technology for geothermal energy extraction and critical mineral recovery from deep underground.
Eden GeoPower develops Electrical Reservoir Stimulation technology, utilizing high-voltage electricity to fracture subsurface rock formations. This method enhances reservoir permeability, enabling more efficient, sustainable recovery of critical natural resources. Its core capability unlocks challenging geological formations for diverse energy extraction and storage applications.
The company was co-founded by Paris Smalls and Ammar Alali, who met as Geophysics graduate students at the Massachusetts Institute of Technology. Their insight stemmed from recognizing the vast potential for scalable geothermal heat and other subsurface resources, provided more effective, environmentally sound reservoir enhancement methods were developed.
Eden GeoPower's technology primarily serves the geothermal energy sector, with applications in unconventional oil and gas, and geologic carbon storage. The company envisions its electrical stimulation method making Earth's subsurface resources universally accessible and environmentally responsible, accelerating the global transition to a sustainable energy landscape.
Eden Geopower has raised $12.0M across 1 funding round.
Eden Geopower has raised $12.0M in total across 1 funding round.
Eden Geopower has raised $12.0M in total across 1 funding round.
Eden Geopower's investors include Chris Miller, Alejandro Solé, Anglo American, Good Growth Capital, Grantham Foundation, MassVentures, Portfolia.
Eden GeoPower develops Electrical Reservoir Stimulation technology, utilizing high-voltage electricity to fracture subsurface rock formations. This method enhances reservoir permeability, enabling more efficient, sustainable recovery of critical natural resources. Its core capability unlocks challenging geological formations for diverse energy extraction and storage applications.
The company was co-founded by Paris Smalls and Ammar Alali, who met as Geophysics graduate students at the Massachusetts Institute of Technology. Their insight stemmed from recognizing the vast potential for scalable geothermal heat and other subsurface resources, provided more effective, environmentally sound reservoir enhancement methods were developed.
Eden GeoPower's technology primarily serves the geothermal energy sector, with applications in unconventional oil and gas, and geologic carbon storage. The company envisions its electrical stimulation method making Earth's subsurface resources universally accessible and environmentally responsible, accelerating the global transition to a sustainable energy landscape.
Eden Geopower has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Eden - Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 24, 2023 | $12.0M Eden - Seed | Chris Miller, Alejandro Solé | Anglo American, Good Growth Capital, Grantham Foundation, MassVentures, Portfolia |