StoryFunding
Eavor completes $182M financing round led by OMV to advance commercial geothermal deployment
Eavor Technologies raised $182M in financing led by energy major OMV, with participation from the Canada Growth Fund, Japan Energy Fund, Eversource Energy and others. The round valued Eavor at $601M and supports completion of the Geretsried facility and commercial pipeline.
- $182M Series B-1 round led by OMV (Austrian energy company)
- Investors: Canada Growth Fund, Japan Energy Fund, Eversource Energy, Temasek and others
- Post-money valuation: $601M
- Funding supports Geretsried construction and pipeline projects