Overview
Telura, a Munich-based deeptech company, has raised €4 million in a pre-seed funding round led by Nucleus Ventures, with participation from Possible Ventures and First Momentum. The company is developing electric impulse drilling technology to provide faster and more cost-effective access to geothermal energy, addressing Europe's urgent energy challenges. Telura aims to transform geothermal energy from a niche resource into a scalable solution, with plans for market entry in 2026.
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Investors: Nucleus Ventures, Possible Ventures, First Momentum
Telura, a Munich-based deeptech company, has raised €4 million in a pre-seed funding round led by Nucleus Ventures, with participation from Possible Ventures and First Momentum. The company is developing electric impulse drilling technology to provide faster and more cost-effective access to geothermal energy, addressing Europe's urgent energy challenges. Telura aims to transform geothermal energy from a niche resource into a scalable solution, with plans for market entry in 2026.