DeepPower, Inc.

Private

Lehi, UtahEnergy & Sustainabilityhttps://deeppower.com/

Last Round

Series A

Nov 15, 2022

Est. Valuation

$42M

Total Funding Raised

$4M

Company Overview

DeepPower, Inc. is an alternative energy company developing breakthrough geothermal drilling technology to access the Earth's deep heat for clean energy production.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Advanced Materials

Business Model

B2B

Customer Profile

Services & Consulting, Hardware Sales

AI Layer

Non-AI

Keywords

geothermal energygeothermal drillingdrilling technologydeep geothermalhard rock drillinggeothermal heatrenewable energydrilling systemsanti-corrosion coatingsclean energy techdeep heatgeothermal startup

Historical Pricing

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DeepPower, Inc. Comparables

Compare DeepPower, Inc. with similar companies based on industry and business-model similarity.

DeepPower, Inc. comparables — related companies by embedding similarity
Company	Similarity	Market Cap
Quaise Energy	82%
GA Drilling	82%
Hephae Energy Technology	79%

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DeepPower, Inc. Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Nov 15, 2022
Seed	Oct 1, 2022

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Key People

Founding team and executive leadership

Andrew Van Noy

CEO

Executive Team

DeepPower, Inc. Filings

SEC and related filings with document metadata.

Data table
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DeepPower, Inc. Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersLehi, Utah

Employee Range-

Year Founded2022

Last FundingNov 15, 2022

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