Endurance Energy raises $54M to harness a massive untapped energy source
Endurance Energy, a startup founded by former SpaceX engineers, has raised $54 million in Series A funding. The company aims to develop technology to harness deep-ocean geothermal energy as a 24/7 renewable power source.
Why it matters
As energy demand from AI data centers and heavy industry surges, finding reliable, non-polluting baseload power is critical for the global energy transition.
After you’ve worked on rockets that find their way to outer space, it can be hard to come up with a second act. For SpaceX alumni Andrew Redd, it meant looking deep in the ocean.
The reporting focuses on business development and technological innovation without taking a political stance.
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