About GT Energy
GT Energy is an Energy & Utilities company based in Borehamwood (United Kingdom) founded in 2007, and was acquired by IGas Energy in September 2020. Geothermal energy projects are planned and managed comprehensively. GT Energy has raised $1.33 million across 4 funding rounds from investors including Sustainable Energy Authority of Ireland, IGas Energy and Turquoise. GT Energy offers products and services including Oil and Gas Production and Geothermal Energy Development. Its focus areas include Energy, Geothermal Energy, Service Providers and Project Planning and Engineering. Its legal entity is Star Energy Group plc.
Company details
GT Energy was founded in 2007 and is based in Borehamwood, United Kingdom. Expertise in geothermal energy project planning and management is provided to private and public sectors. Services encompass all development stages, from conceptual planning to full implementation. Operations focus on the renewable energy sector, supporting sustainable geothermal initiatives across various project scales.
- Headquarters Borehamwood, United Kingdom
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Website gtenergy.net
- Social LinkedIn
- Acquired by IGas Energy (Sep 2020)
- Legal Name Star Energy Group Plc
- Total Equity Funding$1.33M (USD)
in 4 rounds
- Investors
- Acquired byIGas Energy
(Sep 2020)
Products & Services of GT Energy
GT Energy offers a comprehensive portfolio of products and services, including Oil and Gas Production and Geothermal Energy Development.
Production of domestic oil and gas is carried out as part of onshore energy activities.
Development of geothermal businesses is performed in the UK and Croatia, utilizing existing skill sets.
Funding Insights of GT Energy
GT Energy has successfully raised a total of $1.33M across 4 strategic funding rounds. 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 $1.33M
- Total Rounds 4
- First Round $1.33M
(Apr 2010)
- Investors Count 2
All 4 funding rounds of GT Energy 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 |
|---|---|---|---|---|---|
| Oct 2013 | Seed | – | – | ||
| Jun 2010 | $200,000 | Grant | – | – | |
| Apr 2010 | $1.33M | Seed | – | – | – |
| Apr 2010 | $765,480 | Grant | – | – | – |
3 investors in total: 3 institutional.
Investors in GT Energy
GT Energy has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Sustainable Energy Authority of Ireland, IGas Energy and Turquoise.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Turquoise is engaged in financial advisory and investment for climate technologies. | lcif.vc | London, United Kingdom | ||
Government backed investment fund focused on the energy sector | 2002 | seai.ie | Dublin, Ireland | |
UK onshore oil and gas exploration and development are conducted. | 2003 | igasplc.com | London, United Kingdom |
Investor details for GT Energy
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.
Timeline of GT Energy
4 dated milestones of GT Energy across 13 years, from founding to its latest funding, stage changes and deals.
- Founded GT Energy is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Seed,.
- Exit Acquired by IGas Energy.
Top companies in Renewable & Sustainable Energy
2 companies that operate in the same segment as GT Energy (Renewable & Sustainable Energy) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Solar energy projects are developed and operated by Lightsource BP. | 2010 | London, England, United Kingdom | USD 417.9 M |
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Frequently Asked Questions about GT Energy
GT Energy was founded in 2007 and raised its 1st funding round 3 years after it was founded.
GT Energy is headquartered in Borehamwood, United Kingdom. It is registered at Borehamwood, Hertfordshire, United Kingdom.
GT Energy is a funded company, having raised a total of $1.33M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.33M, raised on Apr 2010.
GT Energy was founded in 2007 and is based in Borehamwood, United Kingdom. Expertise in geothermal energy project planning and management is provided to private and public sectors. Services encompass all development stages, from conceptual planning to full implementation. Operations focus on the renewable energy sector, supporting sustainable geothermal initiatives across various project scales.
GT Energy offers Oil and Gas Production and Geothermal Energy Development.
GT Energy has 3 investors. Key investors include Sustainable Energy Authority of Ireland, IGas Energy, and Turquoise.
GT Energy operates through Star Energy Group Plc.
Yes. GT Energy was acquired by IGas Energy in September 2020.