Endurance Energy
Boulder, US · Founded 2025 · 36 employees on LinkedIn · 6 known investors
Endurance Energy develops subsea geothermal technology to generate renewable electricity from volcanic activity on the seafloor, providing reliable 24/7 power with minimal environmental footprint for islands, industrial sites, and data centers.
Also known as Endurance
Founders & leadership
Endurance Energy was founded in 2025 by Andrew Redd.

Investors · 6
Funding
SEC filings, press & company announcements$133M disclosed across 3 of 4 rounds · 2026
- $54MSeries AJun 2026 · 2 sources
Founders Fund (lead), Ascend, Construct Capital, Felicis Ventures, First Round Capital, Point72 Ventures, Riot Ventures, Voyager Ventures
Source ↗ - $54MraisedJun 2026 · 2 sourcesSource ↗
- $25MseedMay 2026Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Endurance Energy is a Seattle, Washington-based developer of subsea geothermal power systems that generate electricity from hydrothermal fluids at deep-ocean volcanic and tectonic spreading zones. The company positions subsea geothermal as a baseload renewable resource that operates continuously regardless of weather or fuel supply, with generation and transmission equipment sited on or under the seafloor and therefore no surface footprint. Its stated design approach emphasizes modular, factory-produced units that can be clustered toward gigawatt scale, and it draws on established oil and gas and geothermal engineering practice.
The operating concept described by the company and reporters involves drilling a narrow borehole roughly 200 feet into the seafloor at a distance from active vent fields to access hydrothermal fluid; that fluid heats a closed-loop refrigerant through titanium tubes until it boils and drives a turbine, after which naturally cold seawater condenses the refrigerant and the warmed water is returned to the seafloor. Control electronics are housed in oil-filled, pressure-balanced chambers to withstand deep-ocean pressure. Prototype units are named after sea creatures ascending the food chain (krill, silverfish, and later an "orca pod"). The next system, Adélie, is a 100 kW generator intended to operate for one year inside the Axial Seamount caldera off the Oregon coast on the Juan de Fuca Ridge, connected to the Ocean Observatories Initiative Regional Cabled Array operated by the University of Washington, which will return performance data to shore.
Endurance targets markets where power is scarce or expensive, including island nations, industrial sites, and hyperscale data centers. Its founder estimates roughly 6 terawatts of geothermal potential could be developed around the Pacific Ring of Fire over the next five to ten years, with resources ranging from a few dozen to a few hundred miles offshore; site selection is described as an optimization between submarine cable cost, resource scale, and onshore market size, while avoiding sensitive habitats near hydrothermal vents.
Founding story
Founder and CEO Andrew Redd grew up in the Pacific Northwest and, after working as an engineer on the Dragon and Starship programs at SpaceX, decided to pursue renewable energy with what he described as a first-principles rather than incremental approach. He ruled out nuclear on regulatory and construction timelines, solar and wind on 24/7 availability without batteries, and hydropower on siting limits, concluding that geothermal was the only readily deployable baseload renewable and that offshore volcanic systems were an untapped opportunity.
Business model
Endurance develops and deploys its own subsea geothermal generation hardware, moving from prototypes to full-stack systems and, subsequently, commercial power projects; the first commercial pilot is planned with the Kingdom of Tonga. Permanent installations are described as delivering electricity to shore via undersea cables. The sources do not describe pricing or contracting terms.
Not described in the sources; the company is pre-commercial, with its first commercial pilot planned in Tonga.
Traction
Four completed prototype deployments to depths of about 3,300 meters (roughly two miles) and hydrothermal temperatures up to 386°C (about 726°F), at the Juan de Fuca Ridge, Mariana Trough, East Pacific Rise off Mexico, and in Tonga; a signed agreement with the Government of Tonga; a fifth deployment, the 100 kW Adélie unit, scheduled for September 2026; and a team of roughly three dozen, including 12 SpaceX alumni and veterans of Helion Energy and Blue Origin.
Latest developments
As of August 2026 the company was assembling Adélie for a September 7, 2026 pilot demonstration at an undersea volcano off Oregon, its fifth seafloor deployment. Work on a megawatt-scale device for the first commercial pilot with Tonga was set to begin once Adélie is deployed, with a goal of shipping the following year. GeekWire reported total capital raised of $63 million.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Reported as the first commercial venture pursuing undersea geothermal sources, and possibly the first funded startup developing and deploying such technology, in contrast to terrestrial geothermal developers. Prior offshore geothermal evaluation work had focused mainly on the North Sea region.
Rather than drilling thousands of feet on land to reach hot rock, Endurance drills roughly 200 feet into the seafloor at spreading centers where magma is close to the surface and hydrothermal fluids are already hot. Claimed advantages include continuous operation, no surface presence, modular units clusterable to gigawatt scale, faster installation timelines, and reliance on proven oil and gas and geothermal technology. The company also argues environmental risk is lower, since a failure would release hot water rather than hydrocarbons.
Technology
Closed-loop generation in which seafloor hydrothermal fluid heats a refrigerant through titanium tubes to boil and spin a turbine, with cold seawater providing condensing duty; boreholes about 200 feet deep drilled away from active vent fields; remotely operated, pressure-balanced oil-filled electronics enclosures; subsea power transmission by undersea cable. Materials must withstand high pressure, saltwater corrosion, and mineral scaling, and much of the work is expected to be done by robots.
Go-to-market
Early activity centers on staged prototype and pilot deployments that increase in capacity, coupled with a government partnership in Tonga for a first commercial pilot and use of public research infrastructure (the OOI Regional Cabled Array) for data return. Target end markets cited include island nations, industrial sites, and hyperscale data centers.
Island nations with high fuel-import dependence and electricity costs, industrial sites, and hyperscale data centers; the founder frames the goal as supplying major coastal cities on the Ring of Fire.
Geography
Headquartered in Seattle, Washington, with R&D and manufacturing near Lake Union. Prototype deployments have taken place at the Juan de Fuca Ridge in the Pacific Northwest, the Mariana Trough, the East Pacific Rise off Mexico, and in the Kingdom of Tonga. The next deployment targets the Axial Seamount caldera off the Oregon coast, and the first commercial pilot is planned in Tonga.
History
Andrew Redd left an engineering role at SpaceX and founded Endurance Energy in January 2025 in Seattle, initially occupying a building on the north shore of Lake Union that formerly housed seafood processing. The company completed four prototype deployments to deep-sea volcanic systems and, earlier in 2026, signed an agreement with the Government of Tonga to explore subsea geothermal resources in the Kingdom's territorial waters. In June 2026 it announced a $54 million Series A led by Founders Fund. In summer 2026 it expanded into a 25,000-square-foot facility across the street housing separate R&D and manufacturing operations, and prepared its fifth seafloor deployment, the 100 kW Adélie system, for September 2026.
Risks & controversies
Reported challenges include high pressure and corrosive seawater, mineral scaling inside devices, the cost and difficulty of repairing seafloor machinery, and the expense of subsea cables needed to move power potentially long distances to shore. Commentary notes that while the geologic potential exists, the economics of subsea geothermal remain unproven given subsea power distribution costs and distance to sizable onshore markets.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 2
by search overlapCompanies competing with Endurance Energy for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 5
launches, deals, and filingsAdélie, a 100 kW subsea geothermal power system, is planned for deployment at the Axial Seamount caldera off the Oregon coast, designed to operate for one year and connect to the Ocean Observatories Initiative Regional Cabled Array operated by the University of Washington. It would be the company's fifth seafloor deployment, with a pilot demonstration date of September 7, 2026.
Endurance Energy announced a $54 million Series A led by Founders Fund with participation from Ascend, Construct Capital, Felicis Ventures, First Round Capital, Point72 Ventures, Riot Ventures, and Voyager Ventures. Proceeds are earmarked for moving from prototypes to full-stack systems, scaling offshore and marine engineering capability, advancing high-temperature deep-sea drilling technology, and pilot extraction operations near oceanic plate boundaries.
$54M source ↗
In summer 2026 the team expanded across the street from its original Lake Union building into a 25,000-square-foot concrete facility housing separate R&D and manufacturing operations under tents.
Endurance Energy signed an agreement with the Government of Tonga to explore development of subsea geothermal resources within the Kingdom's territorial waters, and the two announced the commencement of a subsea geothermal test deployment. A megawatt-scale device is planned for Endurance's first commercial pilot with Tonga.
Andrew Redd left an engineering role at SpaceX, where he worked on the Dragon and Starship programs, to launch Endurance Energy in January 2025, headquartered on the north shore of Seattle's Lake Union.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Endurance Energyenduranceenergy.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Endurance Energy do?
- Seattle startup building subsea geothermal generators that tap undersea volcanic heat for 24/7 carbon-free electricity.
- Who founded Endurance Energy?
- Endurance Energy was founded by Andrew Redd in 2025.
- Who are Endurance Energy's investors?
- Endurance Energy's investors include Ascend Venture Capital, Construct Capital, Felicis Ventures, Point72 Ventures, Riot Ventures, Founders Fund.
- How much funding has Endurance Energy raised?
- Endurance Energy has disclosed $133M raised across 3 of its 4 known rounds.
- Where is Endurance Energy headquartered?
- Endurance Energy is headquartered in Boulder, US.



