Eavor
Enabling Local Energy Autonomy… Everywhere
Calgary, Canada · Founded 2017 · $90.0M raised
- Headquarters
- Calgary
- Employees
- 51–200
- Founded
- 2017
- Business Model
- B2B
- Website
- eavor.com
- Total Funding
- $90.0M
- Last Round
- $90.0M Series BOct 2023
- Rounds
- 1
About
Eavor (pronounced 'Ever') is a next-generation geothermal technology company developing the Eavor-Loop™, the world's first truly scalable form of clean baseload or dispatchable energy. Unlike traditional geothermal, Eavor's closed-loop system circulates a proprietary working fluid underground without fracking, water use, or seismic risk, enabling deployment virtually anywhere. The company has a demonstration facility (Eavor-Lite™) near Rocky Mountain House, Alberta, and a commercial project in Germany (Eavor-Europe™ in Geretsried). Eavor serves both heating/cooling and electrical power markets globally.
Summary
Eavor is a Clean Tech company based in Calgary, Canada, founded in 2017. It has raised $90.0M in total across 1 round, most recently a $90.0M Series B round in Oct 2023. Investors include Canada Growth Fund.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Oct 2023
Investors
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