Eden is a trailblazer in sustainable natural resource recovery, with a focus on maximizing subsurface permeability using high-voltage electricity and proprietary modeling and reservoir characterization techniques. Their mission is to pave the way for a carbon-neutral future by advocating for a more sustainable approach to natural resource recovery. The company's innovative technology aims to achieve precise fracture permeability enhancement while mitigating the high-water consumption and environmental hazards associated with traditional hydraulic fracturing operations. With a founding year of 2017, Eden has garnered support from both public and private institutions, as evidenced by a grant investment from the US Department of Energy in February 11, 2024. They are currently conducting demonstrations of their cutting-edge rock permeability enhancement technology in multiple geologies worldwide and collaborating with industry leaders in geothermal energy, geologic hydrogen, carbon storage, and mining. Eden's efforts are reshaping the landscape of natural resource recovery. For more information on Eden and its groundbreaking technology, visit edengeopower.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | Unknown | 1 | US Department of Energy | 11 Feb 2024 |
Seed Round | $12.00M | 7 | Helmerich & Payne Ventures, Grantham Foundation +1 | 12 Apr 2023 |
Grant | $100.00K | 1 | 30 Jun 2022 | |
Grant | $3.80M | - | 25 May 2022 | |
Seed Round | $750.00K | - | 01 Mar 2022 |
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