Eden Raises $12 Million Seed Round to Scale Next-Generation Geologic Reservoir Permeability Enhancement Technology
View the full release here: https://www.businesswire.com/news/home/20231024676971/en/
- View the full release here: https://www.businesswire.com/news/home/20231024676971/en/
Eden co-founders Ammar Alali and Paris Smalls (Photo: Business Wire)
Eden will use the seed funds to scale its Electrical Reservoir Stimulation (“ERS”) technology deployment across geothermal, geologic hydrogen, geologic carbon storage, and sustainable mining applications. - Reservoir stimulation has been identified as a key technology innovation area to facilitate the energy transition.
- “At Eden, we create underground lightning strikes to vaporize rocks and enhance permeability in geologic reservoirs,” said Paris Smalls, CEO of Eden.
- “The Eden team has the technology, the expertise, and the commitment to scale this technology across geologies.