Full-Time
Posted on 2/22/2025
Provides geothermal heating and cooling solutions
Senior
Austin, TX, USA
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Bedrock Energy offers renewable heating and cooling solutions using geothermal energy, targeting real estate developers, property owners, and builders. They design, drill, and install geothermal borehole fields that support ground source heat pumps, ensuring optimal performance through advanced data algorithms. Unlike competitors, Bedrock Energy provides a comprehensive service model that includes MEP design and energy financing, simplifying the process for clients. The company's goal is to make geothermal energy a practical and appealing choice for various real estate projects, promoting sustainability and energy efficiency.
Company Size
11-50
Company Stage
Series A
Total Funding
$19.9M
Headquarters
Los Angeles, California
Founded
2022
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Bedrock Energy, an Austin, TX-based geothermal heating and cooling startup, raised $12M in Series A funding
Geothermal startup Bedrock Energy raised a $12M Series A round led by Titanium Ventures, with participation from Energy Impact Partners and Sustainable Future Ventures. The Austin-based company plans to use the funds to enhance its technologies and expand in Colorado, Utah, and nearby states. Bedrock's innovations reduce geothermal costs to $10 per square foot, offering a five-year payback period. Their advanced drilling technology increases efficiency and accuracy in geothermal installations.
Bedrock Energy, a technology startup that designs, constructs, and delivers geothermal heating and cooling systems, today announced $8.5M in seed capital. The financing round is led by Wireframe Ventures, with participation from Overture Climate VC, Long Journey Ventures, Cantos, Toba Capital, First Star Ventures, Divergent Capital, and Climate Capital. The funding will accelerate manufacturing and deployment of technologies that improve the economics of all-electric geothermal HVAC systems, thu
Bedrock Energy, a tech startup that designs, constructs, and delivers geothermal heating and cooling systems, announced $8.5 million in seed capital led by Wireframe Ventures, with participation from Overture Climate VC, and Long Journey Ventures, among others. The funding will be used to accelerate manufacturing and deployment of technologies that improve the economics of all-electric ...
cameraImage Credits: Yongyuan Dai / Getty ImagesClimate tech is in a place where it needs all the help it can get. Fortunately, there’s a lot of untapped expertise in the oil and gas sector.Case in point: Silviu Livescu spent decades in the oil and gas industry working for Baker Hughes and ExxonMobil. He’s won several awards from the Society of Petroleum Engineers, and has dozens of patents to help coax more oil out of the ground.Then in 2021, he became a professor at the University of Texas at Austin and taught the school’s first geothermal engineering class. He even helped author a report on the topic. Now, he has a company that takes his expertise in drilling deep into the Earth’s crust and translates it into sustainable geothermal heating and cooling for commercial and industrial buildings.Big buildings almost always have big carbon footprints, and getting the carbon out of their heating and cooling systems is especially challenging. Many buildings use natural gas to keep them warm in cold months, and some even use fossil fuel for cooling in the summer, too