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    Unknown
    Spectator Sports
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    2 Investors

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$1,175.02M Raised in 41 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Factor2 Energy

start up
Germany - Duisburg
  • 19/09/2025
  • Unknown
  • $9,100,000

Reimagining Geothermal Energy with CO₂

At Factor2 Energy, we are pioneering a new generation of geothermal technology. Our approach uses CO₂ as the working fluid in geothermal power generation – enabling emission-free, efficient, and baseload-capable electricity.
By repurposing geological formations that either naturally contain CO₂ or are designated for carbon capture and storage (CCS), we transform passive storage sites into active, sustainable energy resources.
Our technology leverages the unique thermophysical properties of CO₂ to unlock significantly more viable sites than conventional geothermal – without fracking, without new drilling technologies, and by building on existing infrastructure and know-how.


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