Fundz

Eavor Technologies Lands Series B

PRIVATEJun 15, 2023

Round Type

Series B

CalgaryInformation TechnologyOil And Gas

Investors

Omv

Description

OMV led the round with a C$50 million investment.

Quick answer

Eavor Technologies raised an undisclosed amount in a Series B round, dated June 15, 2023. Investors: Omv. Eavor Technologies is based in Calgary, Alberta, Canada.

How much did Eavor Technologies raise?
Eavor Technologies raised an undisclosed amount in a Series B round on June 15, 2023.
Who invested in Eavor Technologies?
Omv is named as investors in this round.
What does Eavor Technologies do?
Eavor (pronounced “Ever”) is a next-generation geothermal technology company led by a team dedicated to creating a clean, reliable, and affordable energy future on a global scale.
Where is Eavor Technologies based and how big is it?
Eavor Technologies is based in Calgary, Alberta, Canada. Fundz records about 98 employees.
Who are the decision-makers at Eavor Technologies?
Fundz holds 1 contact at Eavor Technologies, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Oil And Gas around the same time

Companies in the same sectors as Eavor Technologies that raised within 45 days of this round, from Fundz verified event records.

  • Highwood Asset Management Ltd raised $14M on July 27, 2023.
  • Spearpoint Resources Co raised $97K (Pre-Seed) on July 27, 2023.
  • Royale Energy raised $100K (Seed) on July 27, 2023.
  • Dynamic Renewables raised an undisclosed amount (Corporate Round) on July 26, 2023.
  • Reconnaissance Energy Africa raised $668K (Seed) on July 18, 2023.
  • Texakoma Resources raised $456K on July 17, 2023.

Who to call at Eavor Technologies, and when

A new round usually means Eavor Technologies is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Eavor Technologies raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Eavor Technologies, from your own LinkedIn network

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Company Information

Company

Eavor Technologies

Location

214 11th Avenue SW

Calgary, Alberta, Canada

About

Eavor (pronounced “Ever”) is a next-generation geothermal technology company led by a team dedicated to creating a clean, reliable, and affordable energy future on a global scale. Eavor’s solution (Eavor-Loop™) represents the world’s first truly scalable form of clean, dispatchable, baseload capable, and flexible heat and power. Eavor achieves this by mitigating or eliminating many of the issues that have traditionally hindered geothermal energy. Eavor instead circulates a benign working fluid that is completely isolated from the environment in a closed-loop, through a massive subsurface radiator. This radiator simply collects heat from the natural geothermal gradient of the Earth via conduction.

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Fundz sees it the moment Eavor Technologies raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsMatthew T., Executive Officer hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Eavor Technologies raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.