XGS Energy

Renewable EnergySeries APalo Alto, USxgsenergy.com

Latest round

Series A

Last raised

May 2024

Total raised

$44M

Investors

8

About XGS Energy

Established in 2008 and based in California, US, XGS Energy, Inc. is a company that specializes in the production of clean and sustainable energy solutions. The company operates as a provider of geothermal systems, offering a range of services including installation, maintenance, and repair. Piotr D. Moncarz and David Seldin are the co-founders, and as of March 2023, Walter Kolbe serves as the CEO of the company. In March 2025, XGS Energy, Inc. The company's primary product is geothermal heat pumps, which collects the natural heat energy from the earth to provide heating and cooling for residential and commercial buildings. The XGS Energy system recirculates the same water through a closed-loop, hermetically sealed system. These systems are environmentally friendly and offer long-term economic benefits to users.

Who invested in XGS Energy

8 investors across 3 rounds

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Funding rounds

  1. Series A

    May 17, 2024

    Amount

    $20M

    Investors

    Locked

  2. Series A

    Jan 2, 2024

    Amount

    $10M

    Investors

    Locked

  3. Series A

    Mar 6, 2023

    Amount

    $14M

    Investors

    Locked

Questions about XGS Energy

Who invested in XGS Energy?

XGS Energy has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has XGS Energy raised?

XGS Energy has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did XGS Energy last raise money?

XGS Energy's most recent round on record is a Series A, in May 2024.

What does XGS Energy do?

Established in 2008 and based in California, US, XGS Energy, Inc.

Where is XGS Energy headquartered?

XGS Energy is headquartered in Palo Alto, US.

Which VCs invest in companies like XGS Energy?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at XGS Energy's stage. Their profiles are linked below.

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