Tech Company Financing Transactions
Dig Energy Funding Round
On 9/9/2025, Dig Energy raised $5 million in financing from Avila VC, Azolla Ventures and Baukunst VC.
Transaction Overview
Company Name
Announced On
9/9/2025
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Avila VC (Lead Investor) (Patricia Wexler)
Azolla Ventures (Lead Investor) (Johanna Wolfson)
private investors (Drew Scott)
Proceeds Purpose
With the new funding, Dig will advance from field testing into its first pilot installations, while raising awareness of geothermal across all potential customers.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Undisclosed
Manchester, NH Undisclosed
USA
Manchester, NH Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Dig Energy develops purpose-built drilling technology to make highly-efficient geothermal heating and cooling systems cost competitive with fossil fuels. Heating and cooling account for 35% of all energy consumption, largely powered by oil and gas today. Geothermal heat pumps are the most energy-efficient HVAC solution available, but adoption is limited by drilling expense and cumbersome equipment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dulcie Madden
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We do our best to document all VC transactions involving tech companies. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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