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Ignis H2 Energy raised $12.5M in a Series A funding round led by alfa8 to advance its risk-balanced geothermal portfolio.

PRIVATEFeb 19, 2025

Amount Raised

$12.5 Million

Round Type

Series A

HoustonEnergyRenewable EnergySolar

Investors

Nabors IndustriesAlfa8

Description

Ignis H2 Energy has successfully completed the first close of its Series A funding round, securing $12.5 million from various investors. This funding will support the company's commitment to sustainable geothermal energy projects worldwide.

Quick answer

Ignis Energy raised $12.5 Million in a Series A round, dated February 19, 2025. Investors: Nabors Industries and Alfa8. Ignis Energy is based in Houston, Texas, United States.

How much did Ignis Energy raise?
Ignis Energy raised $12.5 Million in a Series A round on February 19, 2025.
Who invested in Ignis Energy?
Nabors Industries and Alfa8 are named as investors in this round.
What does Ignis Energy do?
Ignis H2 Energy Inc. is also known as Ignis Energy.
Where is Ignis Energy based and how big is it?
Ignis Energy is based in Houston, Texas, United States. Fundz records about 14 employees.
Who are the decision-makers at Ignis Energy?
Fundz holds 1 contact at Ignis Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

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

  • Aerem Solutions raised $1.5M (Series A) on April 4, 2025.
  • Aetherflux raised $50M (Series A) on April 2, 2025.
  • Rivy raised $4M (Pre-Series A) on March 26, 2025.
  • Novac raised $3.8M (Seed) on March 25, 2025.
  • MPower Ventures AG raised $2.7M (Funding Round) on March 17, 2025.
  • Terabase Energy raised $130M (Series C) on March 14, 2025.

Who to call at Ignis Energy, and when

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Company Information

Company

Ignis Energy

Location

Houston, Texas, United States

About

Ignis H2 Energy Inc. is also known as Ignis Energy. Ignis Energy is a geothermal exploration and development startup focused on providing affordable and sustainable baseload geothermal energy. The company manages a risk-balanced portfolio of geothermal opportunities globally, leveraging proven technologies and expertise from the oil and gas sector. Ignis Energy is pioneering the use of advanced machine learning models to enhance the efficiency of geothermal resource exploration. Their goal is to develop one gigawatt of geothermal reserves by 2030.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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