Canada-based geothermal energy solution provider Eavor Technologies Inc. has raised C$15 million ($11.3 million) in Series A financing round.
The company received the new capital from investors including Singapore-based venture capital firm Vickers Venture Partners and others.
Eavor Technologies is planning to use the net proceeds from the round to pursue its growing pipeline of commercial opportunities globally.
With the new capital raised, the company has so far collected a total of $24.4 million in more than six funding rounds.