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DeepPower
AddedFeb 16, 2024
UpdatedJun 18, 2026
DeepPower

DeepPower

Series A

DeepPower: Pioneering geothermal drilling tech for unlimited clean energy access.

HQ
Lehi, UT, US
Founded
2022
Overview
Compare
Fundraising
Employees
Website

DeepPower was founded with the mission to revolutionize the clean energy sector by developing groundbreaking geothermal drilling technology. Their core vision is to harness the Earth's unlimited heat energy to produce low-cost, green electricity globally. The company’s flagship product, XDrillTM, aims to significantly outperform conventional drilling methods in terms of speed and efficiency, making geothermal energy a viable and sustainable option for widespread use.

Notable figures associated with DeepPower include experts in geothermal energy and clean technology, although specific names are not provided. The company has attracted attention from investors focused on renewable energy innovations. Key achievements include the development and testing of XDrillTM, which promises to make geothermal energy more accessible and cost-effective. DeepPower's impact lies in its potential to provide a sustainable and inexhaustible energy source, contributing significantly to global clean energy solutions.

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DeepPower - Quick Facts

Who are DeepPower's competitors?

Companies similar to DeepPower include GreenFire Energy, GeoGenCo, Transitional Energy and Quaise.

When was DeepPower founded?

DeepPower was founded in 2022.

Where is DeepPower's headquarters located?

DeepPower's headquarters is located in Lehi, UT, US.

When was DeepPower's last funding round?

DeepPower's most recent funding round was for $2M (USD) in October 2022.

How much has DeepPower raised to-date?

As of Oct 5, 2022, DeepPower has raised a total of $2M (USD).

How many employees does DeepPower have?

DeepPower has 2 employees as of Feb 5, 2024.

DeepPower - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • Geothermal
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
  • Government
Main Product
  • Clean Energy
Tags
  • Cleantech
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
  • 221110Electric Power Generation
  • 221114Solar Electric Power Generation
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 4 more industry codes
NAICS
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services