Driven by a mission to provide affordable, reliable, and sustainable baseload geothermal energy, Ignis Energy integrates extensive expertise from the oil and gas sector into geothermal exploration and development. The company is pioneering the use of cutting-edge machine learning models to predict, locate, and explore geothermal resources more efficiently, leading to better drilling outcomes and lower project risk.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/20/25 | $12,500,000 | Series A |
alfa8 Nabors Industries | undisclosed |
