Underground Ventures Overview

  • Investor Type
  • Venture Capital

  • Status
  • Active

  • Professionals
  • 3

Professionals

  • Investments
  • 8

  • Portfolio
  • 6

Underground Ventures General Information

Company Description

Founded in 2024, Underground Ventures is a venture capital firm that invests in early-stage geothermal technology companies. The firm is based in Copenhagen, Denmark.

Business Details

Website
www.ugv.co
Year Founded
2024
Investor Status
Actively Seeking New Investments
Primary Investor Type
Venture Capital
Corporate Office
  • Copenhagen
  • Denmark

Underground Ventures Investments (8)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Hephae Energy Technology 09-Jul-2026 Later Stage VC Alternative Energy Equipment Startup
Critical Energy 17-Jun-2026 Alternative Energy Equipment Generating Revenue
GA Drilling 03-Mar-2026 Business/Productivity Software Generating Revenue
Borobotics 28-Nov-2025 Other Hardware Generating Revenue
TerraFerno 06-Feb-2025 Alternative Energy Equipment Generating Revenue
Hephae Energy Technology 21-Nov-2024 Alternative Energy Equipment Startup
Canopus (Energy Services) 08-May-2024 Later Stage VC Oil and Gas Equipment Generating Revenue
GA Drilling 18-Apr-2024 Later Stage VC Business/Productivity Software Generating Revenue
To view Underground Ventures’s complete investments history, request access »

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Underground Ventures Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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Underground Ventures Co-Investors (29)

Name With Exits Lead Partner Series Industry
Alfa8 2 Series chart Industry bar
Nabors Industries Series chart Industry bar
Susquehanna Series chart Industry bar
The Grantham Foundation Series chart Industry bar
Upfront Ventures Series chart Industry bar
You’re viewing 5 of 29 co-investors. Get the full list »

Underground Ventures FAQs

  • What is Underground Ventures?

    Founded in 2024, Underground Ventures is a venture capital firm that invests in early-stage geothermal technology companies.

  • When was Underground Ventures founded?

    Underground Ventures was founded in 2024.

  • Where is Underground Ventures headquartered?

    Underground Ventures is headquartered in Copenhagen, Denmark.

  • What is Underground Ventures's total asset value?

    Underground Ventures has around in total assets under management.

  • How many investments has Underground Ventures made?

    Underground Ventures has made 8 investments.

  • What has Underground Ventures invested in?

    Underground Ventures has made numerous investments in companies like Hephae Energy Technology, Critical Energy, and GA Drilling within the Alternative Energy Equipment and Business/Productivity Software industries.

  • What has Underground Ventures invested in recently?

    Underground Ventures's latest investment was on 09-Jul-2026 in Hephae Energy Technology, a company within the Alternative Energy Equipment industry.

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