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§ Private Profile · Somerville, MA, USA
Develops Electrical Reservoir Stimulation (ERS) technology to enhance subsurface permeability for geothermal, mining, carbon storage, hydrogen.
Based in Somerville, Massachusetts, Eden Geopower develops patented Electrical Reservoir Stimulation technology that utilizes electricity to increase subsurface permeability for resource recovery. This method serves as a safer alternative to traditional hydraulic fracturing by significantly reducing water consumption, carbon emissions, and seismicity risks across multiple heavy industries. The company applies this technology to facilitate geothermal energy extraction, critical mineral recovery, mining operations, carbon storage, and geologic hydrogen production. To date, the enterprise has raised $12 million in seed funding to scale its operations and support the international deployment of its systems. Leveraging a team of petroleum industry professionals and researchers from the MIT Earth Resources Laboratory, the firm is executing an ARPA-E project within the Samail Ophiolite in Oman and planning future expansion into Saudi Arabia. Eden Geopower was founded in 2017 by Paris Smalls.
Eden Geopower has raised $12.0M across 1 funding round.
Eden Geopower has raised $12.0M in total across 1 funding round.
Eden GeoPower develops Electrical Reservoir Stimulation technology, utilizing high-voltage electricity to fracture subsurface rock formations. This method enhances reservoir permeability, enabling more efficient, sustainable recovery of critical natural resources. Its core capability unlocks challenging geological formations for diverse energy extraction and storage applications.
The company was co-founded by Paris Smalls and Ammar Alali, who met as Geophysics graduate students at the Massachusetts Institute of Technology. Their insight stemmed from recognizing the vast potential for scalable geothermal heat and other subsurface resources, provided more effective, environmentally sound reservoir enhancement methods were developed.
Eden GeoPower's technology primarily serves the geothermal energy sector, with applications in unconventional oil and gas, and geologic carbon storage. The company envisions its electrical stimulation method making Earth's subsurface resources universally accessible and environmentally responsible, accelerating the global transition to a sustainable energy landscape.
Eden Geopower has raised $12.0M in total across 1 funding round.
Eden Geopower's investors include Chris Miller, Alejandro Solé, Anglo American, Good Growth Capital, Grantham Foundation, MassVentures, Portfolia.
Eden Geopower has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Eden - Seed in October 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 24, 2023 | $12M Seed | Chris Miller, Alejandro Solé | Anglo American, Good Growth Capital, Grantham Foundation, MassVentures, Portfolia | Announced |