Potter Drilling Garners $4,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=41f5eb84-ebfb-4c51-b707-de4b9c87c855&Preview=1 -
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
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Venture Investor
Google Ventures
