About Geothermal Energy sector in Netherlands
The Geothermal Energy sector in Netherlands comprises 24 companies, including 6 funded companies having collectively raised $1.13M in venture capital money and private equity. Out of these, 3 are Series A+ funded.
Geothermal Energy sector in Netherlands has seen 3 acquisitions. This represents almost 12.5% of all such companies - which is higher than the 5.3% exit rate of tech companies in general.
This sector includes companies developing technology, products and projects to harness the geothermal energy present under the surface of earth.
All companies which manufacture products/machines that help extract the geothermal heat to be used for heating/cooling or generation of electricity. Also includes companies that develops projects and its associated ancillary service providers (drilling, O&M, etc.) to extract geothermal energy. Companies that enable such projects through their technologies for sub-surface mapping and heat/power monitoring and analysis have been included as well. Large Utilities which have geothermal energy projects as a minor part of their portfolio have been excluded.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Acquisitions
Top Geothermal Energy Companies in Netherlands
There are 24 Geothermal Energy startups in Netherlands which include Versatec Energy, Yeager Energy, GEO Energia, Aardyn, VB. Out of these, 6 startups are funded, with 3 having secured Series A+ funding.
Here is the list of top Geothermal Energy startups in Netherlands
Provider of technical consultancy services for the energy industry. It offers expertise in process technical safety, operational excellence, and smart solutions across all phases of a facility lifecycle. Services include support for design, construction, and operational activities, helping clients improve existing facilities and processes. The firm assists in mitigating industrial risks and ensuring compliance with relevant regulations. Its goal is to help clients achieve safe, efficient, and continuous operations.
Key facts about Versatec Energy
- Founded Year: 1983
- Location: Woerden (Netherlands)
- Stage: Acquired
- Tracxn Score: 39/100 What is this?
Key facts about Yeager Energy
- Founded Year: 2018
- Location: Zuidlaren (Netherlands)
- Stage: Seed
- Investors: Kerogen Capital
- Latest Funding Round: Seed, May 2021, $*****
- Tracxn Score: 32/100 What is this?
3. GEO Energia
Geo Energia is a geothermal based residential heating solution provider for the European market. GEO Energy offers an end-to-end solution for heat pump installation from the calculation and selection of the heat pump, the calculation of the source system until turnkey installation . The company offers, ground-based, air-based as well as hybrid solutions for heating residential properties.
Key facts about GEO Energia
- Founded Year: 2006
- Location: Nieuwdorp (Netherlands)
- Stage: Funding Raised
- Investors: e2 cleantech
- Tracxn Score: 22/100 What is this?
4. Aardyn
Aardyn is a company that focuses on the development and production of geothermal energy. They combine their trust in geothermal energy with their knowledge, curiosity, and pragmatic approach to contribute to the transition to sustainable energy.
Key facts about Aardyn
- Founded Year: 2013
- Location: Dordrecht (Netherlands)
- Stage: Acquired
- Tracxn Score: 20/100 What is this?
5. VB
Key facts about VB
- Founded Year: 1966
- Location: Naaldwijk (Netherlands)
- Stage: Acquired
- Tracxn Score: 20/100 What is this?
Companies founded year-on-year in the Geothermal Energy sector in Netherlands
3 Geothermal Energy startups in Netherlands were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | 3 |
2019 | 1 |
2018 | 1 |
2017 | 1 |
2016 | 1 |
Stage-wise distribution of Geothermal Energy sector companies in Netherlands
Out of the total 24 Geothermal Energy companies in Netherlands, 6 have secured funding. Among them, 3 have reached Series A or higher, and 3 to Series B or beyond.
Founded - 24
Funded - 6
Series A+ - 3
Series B+ - 3
Series C+ - 3
Company Stage | No. of companies |
|---|---|
Founded | 24 |
Funded | 6 |
Series A+ | 3 |
Series B+ | 3 |
Series C+ | 3 |
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Funding Trends in the Geothermal Energy sector in Netherlands
Recent Funding Rounds in Geothermal Energy in Netherlands
In the year 2021, till May 2021, Geothermal Energy companies in Netherlands have raised equity funding across 1 round.
In the same period last year (i.e. till March 2020), Geothermal Energy companies in Netherlands had raised equity funding across 1 round.
Here are some recent, important funding rounds in Geothermal Energy companies in Netherlands:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8007 | May 2021 | ||
Seed | 2609 | Mar 2020 |
Top Investors in Geothermal Energy in Netherlands
Triodos Investment Management is the top investor in Geothermal Energy companies in Netherlands based on number of companies invested.
Here are some top investors in Geothermal Energy companies in Netherlands:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Driebergen Rijsenburg (Netherlands) | - | |
The Hague (Netherlands) | - | |
Delft (Netherlands) | - | |
The Hague (Netherlands) | ||
Amsterdam (Netherlands) |
M&A activity in Geothermal Energy sector in Netherlands
In the year 2024, till November 2024, 1 acquisition happened in Geothermal Energy sector in Netherlands. Last year, in 2023, a total of 1 acquisition happened in Geothermal Energy sector in Netherlands.
Here are some recent, important acquisitions in Geothermal Energy sector in Netherlands:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 12, 2024 | ||
Business Acquisition | Oct 05, 2023 | ||
Business Acquisition | Jul 05, 2022 |
Acquisition trends in Geothermal Energy sector in Netherlands
Here are the acquisition trends in Geothermal Energy sector in Netherlands:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2025 | - |
2024 | 1 |
2023 | 1 |
2022 | 1 |
2021 | - |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
2016 | - |
