XGS Energy

Palo Alto, CA · Founded 2008 · Privately Held (backing)

Developer of a geothermal power technology designed to bring competitively priced renewable energy to the world. XGS Energy is based in Palo Alto, CA and was founded in 2008. It was valued at $64 million at its later-stage round in Jan 2024, the last priced event on record. It has raised $52 million across 1 recorded round; the latest was a $10 million early-stage round in Jan 2024.

PMV mark · valuation
$64.0M
Oct 2026
Priced at
its later-stage round
Jan 2024
Total raised
$52.0M
Last round
Early Stage VC
Jan 2024

Who backs XGS Energy?

11 investors
InvestorType
Valo VenturesVenture capital
ClearSky—
WovenEarth VenturesFund of funds
Aligned Climate Capital—
Anzu Partners—
B Current Impact Investment—
Climate Innovation Capital—
Constellation Technology Ventures—
MIH Capital Management—
Thin Line Capital—
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XGS Energy investors

11 investors are on record for XGS Energy, including Valo Ventures, ClearSky, WovenEarth Ventures and Aligned Climate Capital. The early-stage round in Jan 2024 drew 10 investors.

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