Tech Company Financing Transactions
Potter Drilling Funding Round
Potter Drilling closed a $4 million funding round on 8/19/2008. Backers included GV.
Transaction Overview
Company Name
Announced On
8/19/2008
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Undisclosed
Investors
GV (Daniel Reicher)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Out of Business
Industry
Engineering
Mailing Address
599 Seaport Boulevard
Redwood City, CA 94063
USA
Redwood City, CA 94063
USA
Phone
Website
Email Address
Overview
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.
Management Team
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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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