Sage Geosystems
Sage Geosystems develops Geopressured Geothermal System (GGS) technologies to harvest energy from pressurized water deep underground. Their innovative EarthStore™ system provides baseload, dispatchable power and inertia to the electric grid, pairing well with intermittent renewable energy sources. The company aims to make GGS technologies a commercially viable and cost-effective new generation of geothermal energy.
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Funding Round: Series A
Funding Amount: $17M
Date: 15-Feb-2024
Investors: Chesapeake Energy Corporation, Arch Meredith, Helium-3 Ventures, Virya, LLC, Nabors Industries Ltd., Ignis Energy Inc.
Markets: Clean Energy, Geothermal Energy
HQ: Houston, Texas, United States
Founded: 2020
Website: https://www.sagegeosystems.com/
LinkedIn: https://www.linkedin.com/company/sage-geosystems
Twitter: https://twitter.com/gosagegeo
Crunchbase: https://www.crunchbase.com/organization/sage-geosystems
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