Eavor Technologies
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | CAD600k | Seed | |
N/A | CAD3.0m | Seed | |
N/A | CAD600k | Seed | |
$6.7m | Grant | ||
$11.3m | Series A | ||
N/A | - | ||
* | $40.0m | Early VC | |
$4.3m Valuation: $200m | Early VC | ||
* | N/A | N/A | - |
* | N/A | Early VC | |
* | $92.0m | Grant | |
* | $36.7m Valuation: $200m | Series B | |
* | $182m | Late VC | |
* | N/A | Late VC | |
Total Funding | CAD513m |
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Recent News about Eavor Technologies
EditEavor 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.