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Hephae Energy Technology Corp

Spring, US · Founded 2023 · Delaware corporation · 4 known investors

Founders & leadership

SK
Steve KraseNamed on SEC filing
JC
John CleggNamed on SEC filing

Board

TKTorsten Kolind
Torsten KolindinBoard directorCo-Founder & Managing Partner at Underground Ventures
JE
Jeffrey EngelmanBoard director
TL
Tove LilliestiernaBoard director
JW
Julia WrightBoard director
SQ
Staffan QvistBoard director

Investors · 4

All AboardreportedNew York
Baruch Future VenturesreportedSan Francisco · $100K – $1M
New System VenturesreportedNew York
Underground Venturesreported$500K – $2Mvia Torsten Kolind · quoted

Reported raises · per SEC filings

Form D private placements

$24.1M disclosed across 2 rounds · 2024–2026

▶$17.8MraisedJul 2026 · 14 investors · Other Technology
Rule 506(b)
Hephae Energy closes $17.8m Series A funding round to support superhot geothermal drilling - Hephae Energy Technologyhephaeet.com · Aug 2026Hephae Energy Technology Raises $17.8 Million Series A To Commercialize Superhot Drilling Technologypulse2.com · Jul 2026
Officers, directors & promoters on the filing
  • Steve KraseExecutive Officer, Director
  • John CleggExecutive Officer, Director
  • Torsten KolindDirector
  • Jeffrey EngelmanDirector
  • Tove LilliestiernaDirector
  • Julia WrightDirector
Offering amount
$17.8M
Amount sold
$17.8M
Minimum investment
$1
First sale
Jun 2026
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.3MraisedOct 2024 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Staffan QvistDirector
  • Steve KraseExecutive Officer, Director
  • John CleggExecutive Officer, Director
  • Torsten KolindDirector
Offering amount
$7.4M
Amount sold
$6.3M
Minimum investment
$1
First sale
Sep 2024
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Hephae Energy closes $17.8m Series A funding round to support superhot geothermal drilling - Hephae Energy Technologyhephaeet.com · Aug 2026Hephae Raises $17.8 Million for Technology Enabling Access to Deeper, Hotter Geothermal Energy - ESG Todayesgtoday.com · Jul 2026Hephae Energy Technology Raises $17.8 Million Series A To Commercialize Superhot Drilling Technologypulse2.com · Jul 2026$17.8M Series A Funding to Accelerate Success for Hephae’s Commercial Partners - Hephae Energy Technologyhephaeet.com · Jul 2026Hephae Energy Technology Raises $17.8M in Series A Fundingfinsmes.com · Jul 2026Geothermal drilling firm Hephae raises funds ahead of prototype trials | Renewable Energy News | Renewables Nowrenewablesnow.com · Nov 2024

Frequently asked questions

Who are Hephae Energy Technology Corp's investors?
Hephae Energy Technology Corp's investors include All Aboard, Baruch Future Ventures, New System Ventures, Underground Ventures.
How much funding has Hephae Energy Technology Corp raised?
Hephae Energy Technology Corp has disclosed $24.1M raised across 2 rounds.
Where is Hephae Energy Technology Corp headquartered?
Hephae Energy Technology Corp is headquartered in Spring, US.
Hephae Energy Technology Corp — Investors & Founders | Fundraising Fox