The company has raised $21.3 million to date, including $9.2 million in non-dilutive grants.

Eden will use the seed funds to scale its Electrical Reservoir Stimulation technology deployment across geothermal, geologic hydrogen, geologic carbon storage, and sustainable mining applications. TechEnergy Ventures and Helmerich & Payne led the round, with participation from Grantham Foundation for the Protection of The Environment, Anglo American, Good Growth Capital, Mass Ventures, and Portfolia Green & Sustainability Fund.

Eden is a leader in sustainable natural resource recovery. Eden breaks rocks with electricity to maximize subsurface permeability. The company believes that a more sustainable approach to natural resource recovery is critical to creating a carbon-neutral future. By using high-voltage electricity and proprietary modeling and reservoir characterization techniques, Eden can achieve precise fracture permeability enhancement, while preventing the high-water consumption and environmental risks associated with traditional hydraulic fracturing operations.