✉news BusinessStartups first seen 7 h ago, last 29 min ago, peak #10
Alberta sensor startup Phase lands $263K for geothermal heat
Original: Alberta sensor startup Phase lands $263K to drill deep for geothermal heat
Phase, a sensor startup based in Alberta, has raised $263,000 to develop technology for drilling deep underground in search of geothermal heat. The funding, reported via Dealroom, will support the young company's efforts to advance geothermal energy exploration, a sector drawing growing interest as Canada looks to expand clean heating and power options.
Why now: The fresh funding announcement highlights growing investor interest in geothermal energy startups in Canada.
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