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Dig Energy

linkedin.com ↗
PROCESS SCHEMATIC · CHEMICALS / GEOTHERMAL DRILLING LIVE
Founded
2023
Stage
SEED
Raised
$5M
HQ
HOPKINTON, NH
Layer
COMPONENTS

Mobile water-jet drilling technology for geothermal wells, claimed by the company to cut drilling cost by 80%.

Funding history

RoundAmountDateLead
Seed$5M2025-09Azolla Ventures and Avila VC
Downstream
Residential and commercial ground-source heat pump installers
Related
Western ChemicalsMantelSpiritusTerragia Biofuel

Sources

Dig Energy Raises $5 Million to Advance Cost-Competitive Geothermal Heating and Cooling ↗Geothermal is too expensive, but Dig Energy's impossibly small drill rig might fix that (TechCrunch) ↗