Eden Geo Power announced it raised $12.6 Million in an initial filing from an offering of $11.9 Million

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Eden is a leader in sustainable natural resource recovery. We break rocks with electricity to maximize subsurface permeability. We believe that a more sustainable approach to natural resource recovery is critical to creating a carbon-neutral future. By using high-voltage electricity and proprietary modeling and reservoir characterization techniques, we can achieve precise fracture permeability enhancement, while preventing the high-water consumption and environmental risks associated with traditional hydraulic fracturing operations. With backing from public and private institutions, our next-generation rock permeability enhancement technology is being demonstrated in multiple geologies across the world. We’re working with industry leaders in geothermal energy, geologic hydrogen, carbon storage, and mining to redefine how we recover Earth’s natural resources.