Eden GeoPower

Eden GeoPower

Electrical reservoir stimulation for geothermal energy

Overview

Eden GeoPower focuses on sustainable natural resource recovery in geothermal energy and critical minerals, using Electrical Reservoir Stimulation (ERS) to electrically fracture rocks and increase subsurface permeability for higher resource recovery with lower environmental impact. ERS works by sending electricity into subsurface rocks to create controlled fractures, boosting permeability to access geothermal reservoirs and mineral deposits. It differentiates itself through deep MIT-level Earth Resources expertise combined with petroleum-industry experience and a license-and-service business model, especially in the MENA region where renewable potential is high. Its goal is to help achieve carbon neutrality by 2050 by expanding geothermal energy, improving the economics of resource extraction, and delivering benefits to climate and underserved communities.

About Eden GeoPower

Simplify's Rating
Why Eden GeoPower is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

Grant

Total Funding

$27.8M

Headquarters

Somerville, Massachusetts

Founded

2017

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Simplify's Take

What believers are saying

  • ARPA-E listed Eden’s Oman hydrogen project active through May 7, 2026.
  • Eden said its Massachusetts horse-farm site began fracturing in June 2026.
  • ThinkGeoEnergy reported TerraThermo expects Eden in 2026/2027 German wells.

What critics are saying

  • Eden still has no commercial-scale hydrogen output as of August 2026.
  • Its Oman ARPA-E project ended May 7, 2026, forcing fresh funding.
  • If pilots miss economics, Eden becomes a grant-funded lab, not a business.

What makes Eden GeoPower unique

  • Eden’s ERS uses electricity, not water, to fracture rock across geothermal and mining.
  • ARPA-E backed Eden again in 2024 for geothermal, hydrogen, and in-situ mining.
  • TerraThermo’s 2024 Germany MoU names Eden for Projekt THERMO well deployment.

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Funding

Total Funding

$27.8M

Above

Industry Average

Funded Over

7 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Sick Leave

Bereavement Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-15%
Eden GeoPower
Aug 1st, 2024
Eden

Eden, a company developing novel techniques to increase permeability and characterize geologic reservoirs, announced today that it has been selected as part of a project team to receive $3,517,450 in federal funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) for a project titled “Integrated Electro-Hydraulic Fracturing and Real-Time Monitoring for Carbon Negative In-Situ Mining”. The funding is part of the ARPA-E MINER program, which prioritizes funding technologies that support novel approaches to increases the mineral yield while decreasing the required energy, and subsequent emissions, to mine and extract these energy-relevant minerals. This project is being led by Idaho National Labs, who has been working closely with Eden to develop the technology for hard rock permeability enhancement applications. Colorado School of Mines is also a sub-awardee on the project, and will be leading a novel effort to utilize Distributed Fiber-Optic Sensing” (DFOS) to monitor fracture processes and chemical reactions in the subsurface during operations of Electrical Reservoir StimulationTM.

Eden GeoPower
Aug 1st, 2024
Eden

Eden, a leader in sustainable natural resource recovery, announced today that it has been selected to receive $1,400,000 in federal funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) for two projects titled “Electric-based Mechanical and Thermal Stimulation to Increase Geologic Hydrogen Reaction Rates in the Samail Ophiolite in Oman” and “Engineered Geologic Hydrogen Battery for Long-Term Energy Storage”. The funding is part of the $20M ARPA-E Geologic Hydrogen program, which prioritizes funding new technologies that stimulate generation of hydrogen in the subsurface, with an emphasis on minimizing costs and reducing environmental footprint. Eden will develop novel stimulated geologic hydrogen technologies to boost production from iron-rich formations like peridotites and develop game-changing solutions for long-term electrical energy storage in geological formations.

America’s Seed Fund powered by NSF
Aug 1st, 2024
Award History Details | NSF SBIR

National Science Foundation 2415 Eisenhower Ave. Alexandria, VA 22314 USA

Business Wire
Feb 13th, 2024
Eden Announces $1.4 Million In Arpa-E Awards To Develop Stimulated Geologic Hydrogen Technologies

BOSTON--(BUSINESS WIRE)--Eden, a leader in sustainable natural resource recovery, announced today that it has been selected to receive $1,400,000 in federal funding from the U.S. Department of Energy Advanced Research Projects Agency-Energy (ARPA-E) for two projects titled “Electric-based Mechanical and Thermal Stimulation to Increase Geologic Hydrogen Reaction Rates in the Samail Ophiolite in Oman” and “Engineered Geologic Hydrogen Battery for Long-Term Energy Storage”. The funding is part of the $20M ARPA-E Geologic Hydrogen program, which prioritizes funding new technologies that stimulate generation of hydrogen in the subsurface, with an emphasis on minimizing costs and reducing environmental footprint. Eden will develop novel stimulated geologic hydrogen technologies to boost production from iron-rich formations like peridotites and develop game-changing solutions for long-term electrical energy storage in geological formations. Model predictions reveal that the global geologic hydrogen potential exceeds millions of megatonnes (Mt), and only a portion of it is capable of meeting the projected hydrogen demand for centuries. This offers promising opportunities for sustainable energy production and reduced carbon emissions

FinSMEs
Oct 24th, 2023
Eden Raises $12M in Seed Funding

Eden raises $12M in Seed funding.

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