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Sage Geosystems Raises $17 Million In Series A, Announces World’s First Commercial Geopressured Geothermal System (Ggs) Facility

Sage Geosystems announced today the first close of $17 million in Series A funding led by Chesapeake Energy Corporation and joined by technology investor Arch Meredith, Helium-3 Ventures and with continued support from existing investors Virya, LLC, Nabors Industries Ltd., and Ignis Energy Inc. The proceeds will fully fund the first of its kind 3MW commercial Geopressured Geothermal System (GGS) facility, which will

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