Potter Drilling Garners $4,000,000 New Funding

  • Feed Type
  • Date
    8/19/2008
  • Company Name
    Potter Drilling
  • Mailing Address
    15 Stein Am Rhein Court Redwood City, CA 94063
  • Company Description
    Potter Drilling’s mission is to commercialize drilling technology that will lower the cost of developing Engineered Geothermal Systems (EGS). EGS has enormous potential to provide renewable baseload energy that is universally available, clean, and secure.
  • Website
    http://www.potterdrilling.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Google Ventures