CEBU, Philippines -- Eavor Technologies Inc., a Canadian geothermal technology company, has raised $40 million in a funding round backed by Singapore state investor Temasek Holdings and existing investor Vickers Venture Partners.
Chevron Technology Ventures, BP Ventures, BDC Capital and Eversource also participated in the round that will support Eavor's aim to power the equivalent of 10 million homes by 2030.
