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XGS Energy
AddedFeb 17, 2024
UpdatedJun 18, 2026
XGS Energy

XGS Energy

Series A

XGS Energy: Pioneering in geothermal heat harvesting technology.

HQ
Palo Alto, CA, US
Founded
2008
Overview
Compare
Fundraising
Employees

Founded with a vision to revolutionize the energy sector, XGS Energy is dedicated to harnessing geothermal heat through innovative technology. The company's core mission is to unlock the vast, inexhaustible energy source beneath the Earth's surface, overcoming the limitations of traditional geothermal systems. XGS Energy offers advanced geothermal heat harvesting solutions that address the challenges of dependence on rare underground hot water reservoirs and high water demands, aiming to significantly increase thermal energy output.

XGS Energy has attracted notable investors and industry experts who believe in the transformative potential of its technology. The company has achieved significant milestones in developing and deploying its unique heat harvesting systems, positioning itself as a leader in the geothermal energy market. By providing a sustainable and efficient alternative to conventional energy sources, XGS Energy is making a substantial impact on the global transition to renewable energy.

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XGS Energy - Quick Facts

Who are XGS Energy's competitors?

Companies similar to XGS Energy include GreenFire Energy, DeepPower, Transitional Energy and AltaRock Energy.

When was XGS Energy founded?

XGS Energy was founded in 2008.

Where is XGS Energy's headquarters located?

XGS Energy's headquarters is located in Palo Alto, CA, US.

When was XGS Energy's last funding round?

XGS Energy's most recent funding round was for $9.7M (USD) in January 2024.

How much has XGS Energy raised to-date?

As of Jan 23, 2024, XGS Energy has raised a total of $33.7M (USD).

How many employees does XGS Energy have?

XGS Energy has 12 employees as of Feb 5, 2024.

XGS Energy - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Geothermal Energy
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