TerraWave Energy
Electromagnetic Drilling Technology for Geothermal Energy
Startup Pre-Seed Energy Tech Est. 2024
Total Raised
$5.05M
Pre-Seed
Last Round
Undisclosed
3 rounds
Investors
8
7 public
Team
1
1-10 employees
Confidence
80/100
Patents
1
About
TerraWave is developing a novel deep drilling method using millimeter wave technology to penetrate hard rock and reach depths corresponding to temperatures of up to 450°C. This innovative approach aims to significantly increase the viability and accessibility of geothermal power.
Classification
Sector
Climate TechEnergy TransitionClean Energy GenerationEnergy TechEnergy Production & Sources
Core Technology
ComponentsMaterials & SubstancesSensingSemiconductors & ElectronicsCommunicationsMachinery & RoboticsSimulation & Imaging
Target Customer
Real Estate & ConstructionAgriculture & FoodDefense, Safety & SecurityIndustrial ManufacturingGovernment & CityEnergy, Utilities & Waste Management
Business Model
B2B
Tags
energytechclimate-techgeothermal
Funding & Events
Nov 2024
Non-equity $1.35M
Jan 2025
Pre-Seed Undisclosed
Adama Ventures
Aug 2024
Pre-Seed $3.7M
Square One Labs (Lead), Fresh Fund, Ormat New Ventures, Rhodium, Doral Energy-Tech Ventures, Surround Ventures, Crescendo Venture Partners
Details
Product Stage
R&D
Employees
1-10
Exact Count
7
District
Center District
Founded
2024
Registrar
517015087
Locations
Dvora HaNevi'a St 21, Tel Aviv-Yafo, Israel
Links
Admin
Last Update
Sep 24, 2025
Verified by
Maor Perlov
Claimed
Yes
Missing
sector, news, markets, external profiles, not claimed
Team (1)
Hagay Carmi
Co-founder
Founder
Internal
Created by
Maor Perlov (maor.perlov@sncentral.org)
Created
2025-04-21T00:00:00.000Z