Hunt Energy’s Dallas-Based Subsidiary Mantle Energy Raises $5M Seed Funding (opens in new tab)

Dallas Innovates, Every Day: Here's what's new + next in North Texas. Mantle Energy, a geothermal spinout of Dallas-based Hunt Innovative Technologies, has successfully closed a $5 million seed round led by Dallas’ 17Shoals Inc. Mantle uses groundbreaking techniques to create heat in oil and gas formations to extract more oil from reservoirs than traditional methods—along with geothermal energy, which offers a lower carbon baseload power.… The post appeared first on .