Eavor Technologies

Eavor Technologies

Tech company that has invented a new geothermal power generation technology that overcomes all the traditional roadblocks of geothermal. Learn more
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DateInvestorsAmountRound
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CAD600k

Seed
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CAD3.0m

Seed
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CAD600k

Seed

$6.7m

Grant

$11.3m

Series A

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-
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$40.0m

Early VC

$4.3m

Valuation: $200m

Early VC
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Early VC
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$92.0m

Grant
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$36.7m

Valuation: $200m

Series B
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$182m

Late VC
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N/A

Late VC
Total Funding$376m

Recent News about Eavor Technologies

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Eavor is a geothermal technology-based energy company that is revolutionizing the renewable energy sector. The company's primary product, Eavor-Loop™, is a groundbreaking solution that offers a scalable form of clean, baseload, and dispatchable power. This means that Eavor's technology can provide a constant and reliable source of energy that can be adjusted to meet demand, a feature that sets it apart from traditional geothermal solutions.

Eavor's business model is centered around the Eavor-Loop™ system, a closed-loop system that uses a proprietary working fluid to generate energy. This fluid is not sourced from a reservoir, but is added to the system to create an efficient radiator, similar to how a vehicle radiator circulates fluid to remove heat from an engine. This innovative approach mitigates or eliminates many of the issues that have traditionally hindered geothermal solutions, making it a more reliable and efficient source of energy.

Eavor's target market is the global energy sector, with a particular focus on regions transitioning to clean and renewable energy. The company generates revenue by selling its Eavor-Loop™ technology to energy providers and businesses looking for a reliable, scalable, and clean source of energy.

In addition to its core business, Eavor also maintains a blog to keep its clients and the public informed about the latest developments in the geothermal industry. This positions Eavor not just as a provider of geothermal solutions, but also as a thought leader in the renewable energy sector.

Keywords: Geothermal Technology, Renewable Energy, Clean Energy, Baseload Power, Dispatchable Power, Eavor-Loop™, Proprietary Working Fluid, Energy Sector, Scalable Energy Solutions, Thought Leadership.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.