Older Article on EarthGridOlder article on EarthGrid:
https://www.businesswire.com/news/home/20230208005316/en/EarthGrid-PBC-Wins-%E2%80%98Most-Fundable-Company%E2%80%99-Award-from-Pepperdine-Graziadio-Business-School EarthGrid, PBC Wins ‘Most Fundable Company’ Award from Pepperdine Graziadio Business School Plasma tunnel-boring tech company earns the highest honor on its quest to revolutionize tunnel boring, build an underground clean energy supergrid, and more
EarthGrid’s founder invented and patented plasma tunnel-boring technology that will work 100-times faster and up to 90% cheaper than traditional tunneling methods. The tunneling machines will employ high-power plasma torches that vaporize and break up material into small fragments (spallation). EarthGrid’s mission is to build an underground supergrid for 100% clean energy and other infrastructure.
RICHMOND, Calif.--(BUSINESS WIRE)--EarthGrid, 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. “We’re thrilled to receive the Platinum honor on the Most Fundable Company list,” said Troy Helming, Founder and CEO of EarthGrid. “A transition to renewable energy and the electrification of everything in the U.S. requires that we triple our electrical grid infrastructure capacity. This disruptive tunnel-boring technology can potentially work 100 times faster and save up to 90% in costs over current methods. We’re working to create faster, cheaper tunnels for an underground supergrid delivering clean energy.”
As a winner on the Most Fundable Companies List, EarthGrid will be profiled on Entrepreneur.com and featured in the December print issue of Entrepreneur magazine.
About EarthGrid, PBC
Founded in 2016, EarthGrid (www.earthgrid.io) is a Public Benefit Corporation (PBC) that has raised $17 million of equity investment plus debt financing to develop innovative plasma tunnel technology that will work faster and more economically than traditional methods. The company’s vision is help lead the way to “infrastructure 2.0” with tunnels that deliver 100% renewable energy, ultra-high-speed internet, sustainable clean water, wastewater, transportation, and delivery services.
For information, email info@earthgrid.io
About Pepperdine Most Fundable Companies
The Most Fundable Companies List is an annual program hosted by the Pepperdine Graziadio Business School aimed to promote startup business development by providing pathways for startup funding and inspiring entrepreneurial spirit across the nation. More than 4,000 companies across all 50 states applied for the 2022 program.