TerraWave Energy
Electromagnetic Drilling Technology for Geothermal Energy
Energy Tech
Private
Company Overview
Snapshot
Founded in July 2024 by Hagay Carmi, TerraWave Energy has 1–10 employees and has raised $16.55 million across 4 funding rounds from 9 investors.
Business overview
TerraWave Energy is developing a novel deep drilling method utilizing millimeter wave technology to penetrate hard rock. This technology aims to reach depths corresponding to temperatures of up to 450°C, significantly increasing the viability and accessibility of geothermal power. The company operates within the Energy Tech sector, focusing on clean energy generation and energy production, serving industries such as energy, utilities, and waste management.
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- What is TerraWave Energy's core technology?
- TerraWave Energy is developing a novel deep drilling method that uses millimeter wave technology to penetrate hard rock, enabling access to high-temperature geothermal resources.
- When was TerraWave Energy founded?
- TerraWave Energy was founded in July 2024.
- Who is a co-founder of TerraWave Energy?
- Hagay Carmi is a co-founder of TerraWave Energy.
- Which investors participated in TerraWave Energy's August 2024 Pre-Seed round?
- In August 2024, TerraWave Energy received Pre-Seed funding led by.