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Home » News » Geothermal » Eden Secures $12 Million in Seed Funding to Further Develop Reservoir Stimulation Technology
Finance

Eden Secures $12 Million in Seed Funding to Further Develop Reservoir Stimulation Technology

By Piers HarrettOctober 27, 20234 Mins Read
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Credit: Eden
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In a recent development, the startup Eden, specializing in permeability enhancement technology, has successfully closed an oversubscribed seed funding round, securing $12 million. This brings the company's total funding to $21.3 million, which includes $9.2 million in non-dilutive grants. The fresh injection of capital will enable Eden to scale its cutting-edge Electrical Reservoir Stimulation (ERS)

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