Tech Company Financing Transactions
Sage Geosystems Funding Round
On 1/21/2026, Sage Geosystems raised $97 million in Series B financing from Carbon Direct, alfa8 and Cubit Capital.
Transaction Overview
Company Name
Announced On
1/21/2026
Transaction Type
Venture Equity
Amount
$97,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to advance its geothermal power generation and energy storage solutions, including its first commercial geothermal power generation facility.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
5210 Beech St
Bellaire, TX 77401
USA
Bellaire, TX 77401
USA
Phone
Undisclosed
Website
Email Address
Overview
Sage Geosystems is a transformative geothermal energy company whose core team has over 150 combined years of O&G and turbomachinery experience and more than 200 patents with a proven record of action and delivery. We have developed proprietary geothermal technologies targeting lower surface temperatures (100 to 250°C) which, if successful, will reduce the cost of geothermal electricity production and enable "geothermal everywhere" across the U.S. and around the world.
Management Team
Title
Name
Email & Social
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We do our best to record tech company VC transactions. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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