SEED FUNDING & SERIES A
investment history
2012
TLS Geothermics was co-founded in 2012 by Jean-Luc Auxietre, PhD and Mathieu Auxietre, and seed funded by friends and family.
2016
TLS Geothermics secured an extra €200k in seed funding in 2016 from additional investors via the WISEED crowdfunding platform.
2021
The US subsidiary (TLS Geothermics Corp.) has been established and is wholly owned by TLS Geothermics SAS.
2022
French institutional investors (NORIA and ADEME Investissement) invested EUR 13.3 million to support project development in France, Germany, and the US.
2024
Fundraising in the US to move our projects forward with exploration drillings. Intended growth with new leases in other US states.
