Tech Company Financing Transactions
XGS Energy Funding Round
XGS Energy, operating out of Palo Alto, secured $19 million in investment from Anzu Partners.
Transaction Overview
Company Name
Announced On
3/7/2023
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series A
Investors
Anzu Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to develop its geothermal heat harvesting technology.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2479 East Bayshore Rd 210
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Undisclosed
Website
Email Address
Overview
XGS Energy is a geothermal energy company founded and headquartered in Palo Alto, CA. Our proprietary heat harvesting technology and closed-loop well architecture enable global deployment of terawatt-scale geothermal heat and power.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Walter Kolbe
Chief Financial Officer
John Lunbeck
Chief Operating Officer
Ghazal Izadi
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