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Canopus Drilling Solutions
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Developer of directional steel shot geothermal drilling technology

Founded in 2019
Founded in

Company type Private Public ()
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Industry Group energy & power

Sector geothermal

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Netherlands The Hague, Netherlands
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Updated by Sunena Gupta at on 04/26/2024

Edited by Cleantech Group on 06/27/2024

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IPO INFORMATION

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Date Investors Type Amount
04/25/2024 Shift Invest Shift Invest , Underground Ventures Underground Ventures (2)
Post-money valuation of
Funds will be used to accelerate growth and drilling technology.
Seed $3,209,340
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