The 12 closest competitors and alternatives to Eavor Technologies Inc. among geothermal energy technology companies — ranked by similarity to what Eavor Technologies Inc. actually does, not by market-cap band.
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Eavor Technologies Inc. is a geothermal technology company that provides scalable, clean, baseload energy solutions for heating, cooling, and electrical power. The company utilizes a proprietary closed-loop system called the Eavor-Loop to generate reliable energy while eliminating common geothermal issues such as fracking, water use, and aquifer contamination.
Eavor Technologies Inc. is a geothermal energy technology company headquartered in Canada. Its most recent funding round, Series B, raised $180M in December 2023. Xcout tracks 12 named people at Eavor Technologies Inc., including Mark Fitzgerald (President & Chief Executive Officer).
6 more named people on record for Eavor Technologies Inc., with roles, board committees and tenure — see the full roster →
The 4 most recent:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series B | $180M | — | |
| SEC Form D filing | $16M | — | |
| SEC Form D filing | $405,000 | — | |
| SEC Form D filing | $2M | — |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Ranked by semantic similarity — how close each company is to Eavor Technologies Inc. by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Renewable Energy
Baseload Renewables, Inc. (operating as Baseload Capital) is a global geothermal investment and development platform that builds, commissions, and operates geothermal heat and power plants. Through its international subsidiaries, the company provides continuous, 24/7 clean energy and related resources to communities and markets in the U.S., Iceland, Taiwan, and Japan.
Renewable Energy
Gradient Geothermal Inc. develops modular geothermal systems that provide zero-emission power and cooling solutions primarily for data, telecom, and energy infrastructure. The company serves oil and gas clients by converting thermal energy from existing wellbores into electricity and sustainable cooling, thereby eliminating the need for new subsurface drilling and exploration.
Geothermal energy
Fervo Energy (NASDAQ: FRVO) is an enhanced geothermal power developer and independent power producer that builds, owns, and operates geothermal power facilities in the United States. The company delivers 24/7 carbon-free energy through the development of next-generation geothermal projects.
Geothermal Energy
GreenFire Energy Inc. is a geothermal technology company developing versatile Advanced Geothermal Systems (AGS) to advance innovative geothermal energy solutions.
Renewable Energy
Z-GEO Holdings, LLC develops utility-scale geothermal power projects in Colorado to provide 24/7 carbon-free baseload energy. The company serves the electric grid, large-scale data centers, and behind-the-meter users while supporting sustainable building solutions and economic development.
Renewable Energy
Hephae Energy Technology Corp. is a Delaware corporation headquartered in Spring, Texas, focused on commercializing geothermal and clean energy technologies.
Renewable Energy
Fervo Energy Company is a leading developer in the geothermal power sector, specializing in the construction, ownership, and operation of advanced energy facilities. Their innovative methodology integrates sophisticated horizontal well drilling with comprehensive distributed fiber optic sensing, significantly enhancing both the yield and longevity of their geothermal wells. The company employs highly precise directional drilling methods to access geothermal reservoirs horizontally. Additionally, Fervo has developed a proprietary data analytics algorithm designed to pinpoint valuable heat resources and optimize the fluid distribution throughout the reservoir, thereby maximizing the efficiency of energy extraction. Established in 2017, the company is headquartered in Houston, Texas, with a supplementary office in Berkeley, California.
Clean Energy
Dandelion Energy, Inc. is a private company founded in 2017 and headquartered in Mount Kisco, New York. The company operates in the geothermal heating industry, providing sustainable climate control solutions for homes and businesses.
Renewable Energy
Ignis H2 Energy Inc. is a sustainable geothermal energy and resource development company headquartered in Houston, Texas. Founded in 2021, the firm specializes in advancing geothermal power projects.
Renewable Energy
Climeon AB (publ) specializes in delivering heat power solutions across Sweden, other European nations, and Asia. Their innovative Heat Power System converts low-grade geothermal energy and residual heat from industrial processes and engines into usable electricity. The company further offers Climeon Live software, a cloud-based platform enabling remote monitoring and control of multiple power plants, alongside expert consulting and support services for their heat power technology. Key industries served include geothermal, industrial processes, oil and gas, and maritime. Climeon AB (publ) was established in 2011 and operates from its headquarters in Kista, Sweden.
Renewable Energy
Enel Green Power develops and manages renewable energy generation facilities globally. The company operates solar, wind, hydroelectric, geothermal, and biomass power plants to supply clean energy.
Renewable Energy
Orbital Marine Power designs and develops innovative floating tidal turbine technology to harness energy from ocean and river currents. The company provides a reliable source of clean, predictable, low-carbon electricity for homes and businesses to support the transition to sustainable energy systems.
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