Earthgrid

Startup World Cup 2024 Awards $1 Million Grand Prize to EarthGrid

Antonette Ho2024-10-26T09:39:15-04:00On October 4, 2024, ten startup company finalists, chosen from thousands of startups around the world, pitched in front of a panel of Silicon Valley venture capital investor judges for a $1 Million prize. After careful deliberation, the judges awarded the prize to EarthGrid PBC, a public benefit corporation based in San Francisco that has developed a patented plasma tunnel-boring technology to enable the U.S. and other countries to fix their electricity transmission grids. The competition was judged by a...

EarthGrid Wins Both “Judges’ Choice Award” and “SuperCrowd Award” at Superpowers for Good Live Pitch Event

Antonette Ho2024-10-26T09:36:24-04:00EarthGrid, a company revolutionizing infrastructure with its patented plasma technology for tunneling and excavation, has made history by winning both the "Judges' Choice Award" and the "SuperCrowd Award" at the Q3 Superpowers for Good Live Pitch event. This achievement marks the first time a single company has received both prestigious awards in the history of the event. EarthGrid PBC , led by CEO Troy Helming , presented their innovative solution for faster, cost-effective, and sustainable construction of underground utility tunnels....

EarthGrid Announces Groundbreaking Joint Venture with EnerTech, a KIA Entity, to Deploy $18B in U.S. Underground Utility Projects

Antonette Ho2024-09-30T02:28:23-04:00EarthGrid, a Bay-area plasma tunnel-boring technology and infrastructure development company, announced today that it has signed a joint venture agreement with EnerTech, a Kuwait Investment Authority (KIA) entity, to deploy infrastructure projects in four phases across the United States, Europe and the Middle East. The first two phases consist of, in estimate, $18 billion in U.S. infrastructure improvement projects. Utilizing EarthGrid’s patented plasma-powered machines, this joint venture will develop a network of underground tunnels designed to upgrade the current power...

EarthGrid Breaks Through on Major Milestones

Antonette Ho2024-06-30T13:40:05-04:00EarthGrid Public Benefit Corporation (PBC), a plasma boring technology and development company, revealed today that their tunnel boring robot (TBR) has successfully completed several field tests at scale through some of the toughest tunneling geologies in the world. Additionally, the company is debuting its first-of-its-kind Plasma Excavation System (PES) featuring two plasma torches. These developments in tandem mark a significant step forward in the viability, efficiency and capabilities of the tunnel boring robot. This development announcement follows on the heels...

EarthGrid PBC Seed Funding Oversubscribed

Antonette Ho2023-10-26T21:11:16-04:00Today, EarthGrid Public Benefit Corporation (EarthGrid PBC), a plasma boring technology and infrastructure development company, is announcing it has raised $30 million at the close of its seed funding, doubling the investment goal of $15 million. This brings the total equity raised by EarthGrid to approximately $50 million since its inception in 2016. The $30 million will enhance the production of Tunnel Boring Robots (TBRs) which utilize a series of plasma-powered torches to break down geologic structures. The TBRs will...

EarthGrid Reaches $1.3M+ on Netcapital, $30M in Total Investments to Revolutionize Infrastructure Industry

Antonette Ho2023-06-04T19:07:00-04:00EarthGrid, a company dedicated to revolutionizing the infrastructure industry and creating a sustainable future for all, is proud to announce it has achieved a major milestone of surpassing $1.3 million in investments on Netcapital. Outside of NetCapital, EarthGrid has raised approximately $30 million in total. This success is attributed to the hard work and dedication of the EarthGrid team, as well as the support of the company’s investors. With the use of proprietary plasma tunnel-boring technology, EarthGrid aims to create...

EarthGrid Reaches $1 Million+ Investment Milestone to Revolutionize the Infrastructure Industr

Antonette Ho2023-04-30T20:42:29-04:00EarthGrid, a company dedicated to revolutionizing the infrastructure industry and creating a sustainable future for all, is proud to announce it has achieved a major milestone of $1 million-plus in investments. This success is attributed to the hard work and dedication of the EarthGrid team as well as the support of its investors. With the use of proprietary plasma tunnel-boring technology, EarthGrid aims to create more efficient, cost-effective and environmentally friendly solutions for communities. The company aims to positively impact...

EarthGrid, PBC Wins ‘Most Fundable Company’ Award from Pepperdine Graziadio Business School

Antonette Ho2023-02-14T20:03:32-05:00EarthGrid, PBC is excited to announce that it won Platinum recognition — the highest honor — on the Pepperdine Graziadio Business School’s fifth annual Most Fundable Companies® List. EarthGrid competed against 4,000-plus early-stage U.S. companies before earning a coveted Platinum spot among 16 finalists. The Most Fundable Companies initiative educates on the investor diligence process and recognizes exceptional entrepreneurs who are solving problems with inventive solutions and are also seeking investment capital. Watch EarthGrid’s presentation. Troy Helming, Founder and CEO...

Robot Designed to Tunnel Through the Earth Incredibly Fast Using Plasma

Ziad2022-11-25T13:59:45-05:00If Cali-based startup EarthGrid has its way, downed power lines and faulty electric transformers may soon be a problem of the past. Science and tech pub New Atlas explained the company's patent-pending process on Thursday and said the plasma boring robot it's developing can dig underground tunnels as much as 100 times faster than the competition, all while costing about 98 percent less. "Imagine a robot with ten light sabers on the front, vaporizing through rock and soil," founder Troy...

This New Plasma Boring Robot Can Dig Tunnels 100 Times Faster And 98% Cheaper

Ziad2022-11-25T13:59:45-05:00San Francisco-based startup Earthgrid is developing a plasma boring robot that can dig tunnels 100 times faster, and up to 98 percent cheaper than existing boring systems, a report from New Atlas reveals. The company aims to employ its technology to re-wire energy, internet, and utility grids in the U.S. Unlike conventional boring machines, which typically use massive cutting wheels to slowly excavate tunnels, Earthgrid’s robot blasts rocks with high temperatures to break and even vaporize them via a process...