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Recently Funded|Amount: EUR 13.5M|Industry: Renewable Energy Equipment Manufacturing

GA Drilling Secures $13.5M Series C to Accelerate Ultra-Deep Geothermal Energy Revolution

GA Drilling

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51-200 employees employees (Est.)
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GA Drilling is excited to announce that it has successfully raised $13,500,000 in funding, a major milestone that will drive our mission to revolutionize renewable energy production. This remarkable investment will accelerate the development and commercialization of our patented PLASMABIT and ANCHORBIT technologies—solutions that provide scalable and modular systems for zero-carbon energy, heating, clean water, and food production. With a commitment to harnessing the only renewable source of clean, baseload geothermal energy available 24/7/365, our innovative approach is set to transform energy production by reducing operational time and cost. PLASMABIT, in particular, is engineered to drill faster, deeper, and more economically than traditional methods, making it possible to penetrate hard rock and steel with ease, thus unlocking ultra-deep geothermal potential almost anywhere in the world. The newfound capital will empower our dedicated team of over 70 engineers and researchers, who, armed with 23+ patents and bolstered by partnerships with industry leaders and over 20 EU research grants, are pushing the boundaries of drilling technology. This funding will enable us to scale our solutions further, refine our processes, and ultimately replace fossil fuel energy generation—delivering a transformative impact on the climate crisis. At GA Drilling, our core values of trust, creativity, exceptionality, courage, and ownership guide every step of our journey. We are thrilled to welcome new investors and partners into our community as we continue to break new ground in clean energy innovation. Interested professionals who share our passion and vision are encouraged to join us on this pioneering journey. For more information, visit www.gadrilling.com or contact us at career@gadrilling.com.
February 28, 2025

Buying Signals & Intent

Our AI suggests GA Drilling may be interested in solutions related to:

  • Drilling Technologies
  • Partnership Ventures
  • Investment Opportunities
  • Carbon Reduction Solutions
  • Energy Transition Services

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