About Eavor
Eavor is an Energy & Utilities company based in Calgary (Canada) founded in 2017 by John Redfern, and was acquired by Chubu Electric Power in October 2022. Geothermal electricity generation solutions are provided through closed-loop systems. Eavor has raised $342.91 million across 11 funding rounds from investors including bp, Eversource and OMV Group. Its chief executive, as recorded, is John Redfern. Its website eavor.com draws about 34 thousand monthly visits. Eavor offers products and services including Eavor-Loopâ„¢, Eavor-Europeâ„¢, Eavor-Deepâ„¢, and Eavor-Liteâ„¢. Its focus areas include Energy Tech, Renewable Energy Tech, Geothermal Energy and Electricity Generation Systems. Its legal entity is Eavor Technologies Inc.
Company details
Eavor was founded in 2017 in Calgary, Canada, and operates in the geothermal energy sector. A closed-loop system is utilized, within which a proprietary working fluid is contained and circulated to harvest heat from deep earth formations. This heat is converted into electricity or applied for commercial heating purposes, supporting sustainable energy operations across various geographies.
- Total Equity Funding$342.91M (USD)
in 11 rounds
- Latest Funding Round$65.13M (USD), Series C
Jul 2025
- Investorsbp
& 13 more
- Acquired byChubu Electric Power
(Oct 2022)
Products & Services of Eavor
Eavor offers a comprehensive portfolio of products and services, including Eavor-Loop™, Eavor-Europe™, Eavor-Deep™, and Eavor-Lite™.
Closed-loop system for generating clean baseload power efficiently.
Geothermal project for European energy autonomy and scalability.
Deep-drilling tech for enhanced clean energy production worldwide.
Full-scale demo facility for testing geothermal innovations.
Apps and channels of Eavor
its YouTube channel Eavor has 2.53K subscribers and 30 videos.
Videos from Eavor
The most watched videos on Eavor's YouTube channel, Eavor (2.53K subscribers). Click a video to play it here.
More on Eavor.
Funding Insights of Eavor
Eavor has successfully raised a total of $342.91M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $65.13 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $342.91M
- Total Rounds 11
- Last Round Series C — $65.13M
- First Round $4.98M
(Apr 2019)
- Investors Count 13
Latest 10 of 11 funding rounds of Eavor with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2025 | $65.13M | Series C | – | – | |
| Oct 2023 | $182M | Series C | – | OMV Group, Japan Energy Fund | |
| Jun 2023 | $5.1M | Series B | – | – | – |
| Jun 2023 | $36.69M | Series B | – | OMV Group | – |
| Mar 2023 | $405,000 | Series B | – | – | – |
| Dec 2022 | $2.01M | Series B | – | – | – |
| Aug 2021 | $4.3M | Grant | – | – | |
| Feb 2021 | $40M | Series B | – | Chevron Technology Ventures, Temasek | – |
| May 2020 | $266,147 | Series A | – | – | – |
| Sep 2019 | $11.32M | Series A | – | Vickers Venture Partners | – |
14 investors in total: 14 institutional.
Investors in Eavor
Eavor has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include bp, Eversource and OMV Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| japanenergyfund-ventures.com | ||||
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Growth-stage venture capital is invested in Singapore and China. | vickersventure.com | Singapore, Singapore | ||
Venture capital firm focused on investing in clean tech sectors | sdtc.ca | Ottawa, Canada | ||
Seed & early stage multiple stage focused corp VC firm funding companies in the US and Canada | chevron.com/technology/technology-ventures | Houston, United States | ||
Investments in energy technology companies are made by BP Ventures. | bp.com/en/global/bp-ventures | |||
A fund focused on catalyzing private investments in Canadian projects. | cgf-fcc.ca | |||
Oil and gas exploration, production, and chemical services are provided. | 1956 | omv.com | Vienna, Austria | |
Independent wealth management services for private and institutional clients globally. | 1999 | monacoasset.com | Monaco, Monaco | |
Commercial banking services for small and medium-sized enterprises are provided. | 1944 | bdc.ca | Montreal, Canada |
Investor details for Eavor
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Eavor
9 people are tracked at Eavor (1 in leadership, 7 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
John Redfern | Co-Founder & CEO | Leadership |
Yuta Kano | Director | Board & advisors |
Chad Bown | Director | Board & advisors |
Malcolm I. Ross | Advisor | Board & advisors |
Eric Van Oort | Advisor | Board & advisors |
Jesse Jenkins | Advisory Board Member | Board & advisors |
Douglas Beach | Chairman of the Board | Board & advisors |
Michael Liebreich | Advisor | Board & advisors |
Kylie Inglis | Accounting & Office Coordinator | Team |
Complete people profiles for Eavor
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Eavor
4 dated milestones of Eavor across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Eavor is founded.
- Funding First funding round of $5.0M.
- Exit Acquired by Chubu Electric Power.
- Funding Latest funding round, Series C, of $65.1M.
Web traffic of Eavor
The website of Eavor (eavor.com) receives about 34.1K visits a month.
- Monthly visits34.1K
▲ 19.7% vs previous month
Websites whose visitors overlap most with Eavor. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fervoenergy.com | 100% | 51.4K | #650,877 | View details | |
| thinkgeoenergy.com | 96% | #559,139 | View details |
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Related news about Eavor
Complete news archive for Eavor
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Frequently Asked Questions about Eavor
Eavor was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Eavor is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
John Redfern is the CEO of Eavor, as recorded in our data. They have also founded this company.
Eavor is a funded company, having raised a total of $342.91M across 11 funding rounds to date. The company's 1st funding round was a Series A of $11.32M, raised on Apr 2019.
Eavor was founded in 2017 in Calgary, Canada, and operates in the geothermal energy sector. A closed-loop system is utilized, within which a proprietary working fluid is contained and circulated to harvest heat from deep earth formations. This heat is converted into electricity or applied for commercial heating purposes, supporting sustainable energy operations across various geographies.
Eavor offers Eavor-Loopâ„¢, Eavor-Europeâ„¢, Eavor-Deepâ„¢, and Eavor-Liteâ„¢.
Eavor has 14 investors. Key investors include bp, Eversource, OMV Group, Temasek, and Chubu Electric Power.
Eavor operates through Eavor Technologies Inc..
Yes. Eavor was acquired by Chubu Electric Power in October 2022.