XGS Energy

XGS Energy develops next-generation geothermal power projects utilizing a proprietary water-independent technology. Their modular system aims to overcome challenges in geothermal development globally, providing clean, round-the-clock energy. The company has completed field tests and is operating its first commercial-scale well, supporting a multi-gigawatt project pipeline.

Funding Round:

Funding Amount: $13M

Date: 26-Mar-2025

Investors: Aligned Climate Capital, ClearSky, ClimateIC, WovenEarth Ventures, Constellation Technology Ventures, VoLo Earth Ventures, Valo Ventures

Markets: Energy, Geothermal, Energy Infrastructure

HQ: Palo Alto, California, United States

Founded: 2008

Website: https://www.xgsenergy.com/

LinkedIn: https://www.linkedin.com/company/xgs-energy

Twitter: https://twitter.com/xgsenergy

Instagram:

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Crunchbase: https://www.crunchbase.com/organization/xgs-energy

Pitchbook: https://pitchbook.com/profiles/company/504124-12