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Venture Capital News: DeepPower Closes Series A Venture Investment

2022-11-16
LEHI, UT, DeepPower, a developer of a breakthrough geothermal drilling technology, announced that it recently closed its Series A investment round.
DeepPower, Inc. a developer of a breakthrough geothermal drilling technology to access the Earth's unlimited source of clean energy, announced that it recently closed its Series A investment round.

Deep Power is developing a breakthrough drilling technology to access Earth's unlimited source of green geothermal energy. The Earth's molten core is as hot as the Sun and harnessing just 0.1% of that heat energy can power humanity for 2 million years. Previous generations of drilling technology cannot go deep enough to make geothermal cost effective.
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