Eden, a sustainable natural resource recovery company, closed a US$12mm seed funding round, bringing their total raised funds to US$21.3mm. The company plans to expand its Electrical Reservoir Stimulation (ERS) technology, which is crucial in the energy transition. ERS can be applied to geothermal, geologic hydrogen, geologic carbon storage, and sustainable mining, offering significant improvements in rock permeability, reducing environmental impact, and increasing the economic viability of energy transition initiatives. Their technology aligns with the growing demand for controlled enhancement of subsurface permeability and has the potential to unlock the potential of geologic hydrogen.
Eden Secures US$12m for Advancing Natural Hydrogen
Updated: Nov 23