GA Drilling closed Series B funding round, including investors from the Slovak Investment Holding (SIH), a German investment group led by Berlin Technologie Holding GmbH and American investor Ted Halstead.

“As technology investors, we seek new ways to disrupt entire industries and that can have a positive impact to change the world. GA Drilling has the potential to do both. It significantly improves existing industries but also enables geo thermal to become the world’s cleanest and cheapest energy source. Its potential will become an interest not only of industry leaders but also of national governments,” says Joern-Carlos Kuntze, Managing Partner, Berlin Technologie Holding, a new investor in GA Drilling.

Read the press release here