Top 10 Geothermal Energy startups in USA

Oct 25, 2024 | By Alexander Gillet

1
Funding: $431M
Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation to a 100% clean energy future.
2
Funding: $134.5M
Dandelion is an Alphabet spinout that develops geothermal heating, air-conditioning and cooling systems
3
Funding: $91M
Quaise is an energy company pioneering millimeter wave drilling technology to access deep geothermal energy.
4
Funding: $44M
XGS Energy is a geothermal heat harvesting technology company.
5
Funding: $42.2M
Zanskar develops a predictive platform informed by massive data for discovering previously unknown geothermal resources.
6
Funding: $36.5M
AltaRock Energy focuses on the development of geothermal energy resources and Enhanced Geothermal Systems (EGS).
7
Funding: $22.6M
GreenFire Energy develops and deploys innovative technology to unlock the world’s largest source of continuous renewable energy.
8
Funding: $17M
Sage combines innovative approaches to heat harvesting with modern oilfield expertise and methodologies to enable geothermal energy anywhere in the world
9
Funding: $3.2M
Criterion Energy Partners is developing distributed energy projects to provide clean, reliable, always on energy using heat from the Earth
10
Funding: $200K
Renascent Energy Management is a privately held, technology-focused energy firm that is looking at several geothermal technologies to implement in the US and abroad.
Editor: Alexander Gillet
Alexander Gillet is a senior editor for EnergyStartups. He has a deep background in energy sector and startups. Alexander graduated from Emlyon Business School, a leading French business school specialized in entrepreneurship. He has helped several non-profit organizations dedicated to promoting environmental education and sustainability and has written over 250 articles on energy technology for various websites. In his free time, Alexander enjoys yoga, camping and exploring the Blue Ridge Mountains. You can contact Alexander at alexgillet(at)energystartups(dot)com