Tech Company Financing Transactions
Eavor Technologies Funding Round
Eavor Technologies closed a $37.3 million Series B funding round on 6/17/2023. Investors included OMV AG, BP Ventures and Chubu Electric Power.
Transaction Overview
Company Name
Announced On
6/17/2023
Transaction Type
Venture Equity
Amount
$37,279,000
Round
Series B
Investors
Proceeds Purpose
The commercial agreement establishes OMV as a key partner with preferred licensing terms, access to services and development support. As a key partner, OMV will be focused initially on the deployment of Eavor-Loop� in Austria, Romania, and Germany.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
214 Electric Ave. 11th Ave. SW 1100
Calgary AB, T2R 0K1
Canada
Calgary AB, T2R 0K1
Canada
Phone
Website
Email Address
Overview
Eavor Technologies is a geothermal technology company creating a clean, reliable, and affordable energy future on a global scale. Its system is made with existing commercial componentry configured in a completely novel way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Redfern
Chief Financial Officer
Ryan Michaluk
Chief Technical Officer
Matthew Toews
Executive Vice President
Jeanine Vany
VP - Bus. Development
Paul Cairns
VP - Bus. Development
Robert Winsloe
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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