Eden is a leader in sustainable natural resource recovery that deploys patented Electrical Reservoir Stimulation (ERS) to enhance subsurface permeability. ERS uses high-voltage electricity, advanced reservoir monitoring, 3D reservoir modeling, and proprietary injection and production strategies to create controlled fractures and target specific subsurface areas. The company positions ERS as a lower-water, lower-emissions alternative to traditional hydraulic fracturing, reducing truck movements, wastewater emissions, pumping horsepower, and seismic events. Eden plans to scale ERS deployments across geothermal, geologic hydrogen, geologic carbon storage, and sustainable mining applications and is preparing additional pilots after a successful pilot test in Oman. Financially, Eden closed an oversubscribed $12M seed round and has raised $21.3M to date, including $9.2M in non-dilutive grants. The company says it is demonstrating the technology in multiple geologies worldwide with backing from public and private institutions.

Total raised

$12M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2023