Dig Energy

Dig Energy

Private
Manchester, New HampshireEnergy & Sustainabilityhttps://dig.energy/

Last Round

Seed

Sep 9, 2025

Total Funding Raised

$7.5M

Company Overview

Dig Energy is a drilling technology startup developing a platform for distributed geothermal energy. The company is focused on radically reducing the cost of drilling to make geothermal heating and cooling systems cost-competitive with fossil fuels. Its technology utilizes a compact, mobile drill that aims to lower costs by 80%, thereby increasing the adoption of geothermal heat pumps for residential and commercial buildings. The company's mission is to provide a scalable solution for developers, building owners, and municipalities to access reliable, low-cost energy and decarbonize heating and cooling. Founded in 2023, the company has received venture financing to advance from field testing to pilot installations.

Sector

Energy & Sustainability

Verticals

Renewable Energy, Construction Tech, Green Building, Energy Management

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting, Government Contracts

AI Layer

Non-AI

Keywords

geothermal drillingcompact drill riggeothermal installationgeothermal heat pumpsfluid jet drillingshallow geothermal systemsground loop installationborehole drillingcleantechgeotechdrilling technologydrilling services

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Dig Energy Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Dig Energy Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedSep 9, 2025
Pre SeedAug 1, 2023

Dig Energy Investors

Notable investors and investment history

Market signals

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  • Sep 9, 2025

    $5M raised in Seed round.

Dig Energy Filings

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Dig Energy Filings

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Firmographic Details

HeadquartersManchester, New Hampshire
Year Founded2023
Last FundingSep 9, 2025

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