Ignis H2 Energy Raises $12.5M In Series A

Geothermal Startup Ignis Energy Raises $12.5 Million

Geothermal energy startup Ignis H2 Energy announced that it has raised $12.5 million in a Series A round to fund geothermal energy exploration projects in multiple regions. Founded in 2021, Houston-based Ignis Energy utilizes numerous technologies to assess, evaluate and develop geothermal power, among them machine learning models to predict, locate, and explore geothermal resources. […]

Geothermal Developer Ignis H2 Energy Raises $12.5M in Series a First Close - QUICK NEWS AFRICA

Ignis H2 Energy Inc. (“Ignis Energy”), a geothermal exploration and development startup, announced today the successful first closing of its Series A

Ignis H2 Energy Raises $12.5M in Series A Funding

Ignis H2 Energy, a Houston, TX-based geothermal exploration and development startup, raised $12.5M in Series A funding. The round was led by alfa8 and included a commitment from Nabors Industries, existing shareholders, private individuals, and family offices. The company intends to use the funds to expand operations and its development efforts. Led by CEO Richard […] The post Ignis H2 Energy Raises $12.5M in Series A Funding appeared first on F…

Ignis H2 Energy Raises $12.5M In Series A

HOUSTON–(BUSINESS WIRE)–Ignis H2 Energy Inc., a geothermal exploration and development startup, announced today the successful first closing of its Series A funding round, securing $12.5 million from a consortium of investors, including leading funds and private individuals. The funding round was led by alfa8 and includes a commitment from drilling contractor Nabors Industries, alongside investments from existing shareholders, private individual…