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3 Latest Announced Rounds

$903.89M Raised in 51 Funding Rounds in the past 7 Days - View All

Funding Round Profile

ignis H2 Energy Inc.

start up
United States - Houston
  • 26/02/2025
  • Series A
  • $12,500,000

Unlike other start-ups in the geothermal industry, we do not focus on a single technology or opportunity but rather manage a risk balanced portfolio of different power producing opportunities around the globe in high enthalpy environments. This provides a broader diversification while applying proven technology and allowing shared learnings from our esteemed panel of geothermal experts across the portfolio.

“We are striving to provide a cleaner future that commits us to develop affordable, reliable, and sustainable baseload geothermal energy.”

“We leverage our vast experience from the Oil & Gas industry to augment the geothermal development chain from exploration to exploitation.”

“We are connecting with the right ideas, proven technologies and market leading companies to build a risk balanced portfolio, to increase reliability and efficiency in geothermal energy delivery while remaining technology agnostic.”

Ignis H2 Energy is advancing a portfolio around the globe of 1GW of documented producible geothermal reserves by 2030. A rigorous opportunity review process leads to a risk balanced portfolio that is
• Geographically diverse
• Geologically diverse
• Geopolitically diverse


Related People

Richard A. CalleriFounder

Richard A. Calleri United Arab Emirates - ND

Richard is the CEO of GEOLOG, a world leader in surface solutions to the O&G, Geothermal and CCUS industries, delivering cost effective yet comparable alternatives to complex and expensive downhole measurements via the use of disruptive proprietary technologies.
Richard is also the Founder and CEO of Ignis Energy, a renewable Geothermal energy company whose objective is to produce long lasting, non intermittent baseload power in numerous countries around the world.

Prior to the Energy industry, GEOLOG, Richard worked in Investment Banking in M&A, Leveraged Finance and Restructuring, spanning multiple industries including Energy and TMT.

Richard holds a Master in Business Administration (Strategy, Finance & Accounting) from the University of Chicago Booth School of Management and a BSc (Hons) in Economics from City University, London.

Originally from Milan (Italy), Richard has also lived in London, Hong Kong, Chicago, Amsterdam, Dubai and briefly in Sydney.