Sage Geosystems raises over $97 million in Series B funding co-led by Ormat Technologies and Carbon Direct Capital to deploy its first commercial pressure geothermal power generation facility.
Amount Raised
$97 Million
Round Type
Series B
HoustonEnergyOil And GasRenewable EnergyInvestors
Description
Sage Geosystems closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions. This funding will support the development of its first next-generation geothermal power generation facility. The strategic commercial agreement with Ormat will accelerate the deployment of Pressure Geothermal technology. Sage’s solutions will aid in the build-out of AI data centers and provide reliable carbon-free power.
Quick answer
Sage Geosystems raised $97 Million in a Series B round, dated January 21, 2026. Investors: Carbon Direct Capital and Ormat Technologies. Sage Geosystems is based in Houston, Texas, United States.
- How much did Sage Geosystems raise?
- Sage Geosystems raised $97 Million in a Series B round on January 21, 2026.
- Who invested in Sage Geosystems?
- Carbon Direct Capital and Ormat Technologies are named as investors in this round.
- What does Sage Geosystems do?
- Sage Geosystems™ is pioneering Pressure Geothermal—a new category of geothermal energy that delivers grid-scale power and long-duration energy storage virtually anywhere.
- Where is Sage Geosystems based and how big is it?
- Sage Geosystems is based in Houston, Texas, United States. Fundz records about 16 employees.
- Who are the decision-makers at Sage Geosystems?
- Fundz holds 1 contact at Sage Geosystems. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Oil And Gas around the same time
Companies in the same sectors as Sage Geosystems that raised within 45 days of this round, from Fundz verified event records.
- RIFT raised $97M (Series B) on March 3, 2026.
- International Battery Metals raised $2M (Seed) on February 23, 2026.
- Hycosys raised $1M (Seed) on February 23, 2026.
- Einklang raised $2.6M (Seed) on February 23, 2026.
- Verdera Energy raised $400K on February 20, 2026.
- Fusion Fuel Green PLC raised $2.6M on February 12, 2026.
Who to call at Sage Geosystems, and when
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Funding Insights
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