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CONTROLLED THERMAL RESOURCES
Controlled Thermal Resources
Geothermal Energy · Imperial, California · United States · Founded · 2020 · ≈ · 28 · employees

Controlled Thermal Resources Funding — Last Valued at $4.7B

Private

Controlled Thermal Resources has raised $4.5M across 0 funding rounds, plus 1 undated round. The company is valued at $4.7B.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Controlled Thermal Resources funding · at a glance
Total raised, all rounds
$4.5M
sum of disclosed sizes
Funding rounds
0
plus 1 undated round
Last valuation
$4.7B
MAR 2026
Founded
2020
United States
2020
About Controlled Thermal Resources

Controlled Thermal Resources (CTR) agreed in March 2026 to go public on the Nasdaq through a $4.7 billion merger with Plum Acquisition Corp. IV. The company is developing the Hell's Kitchen geothermal power and lithium extraction project in California.

Funding timeline

The Controlled Thermal Resources funding timeline

2020
Controlled Thermal Resources founded

Controlled Thermal Resources was founded in 2020, United States.

UNDATED
Grant

No date is disclosed for this round.

No dated funding round

Each raise joins the axis with its own date and figures.

IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Controlled Thermal Resources funding rounds in full

0 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Grant
—
$4.5M
—
—
California Energy Commission
—
Controlled Thermal Resources · investors

Investors

CCalifornia Energy CommissionLEADSStellantis

Frequently asked questions

How can I get exposure to Controlled Thermal Resources?›

The routes section explains what is realistically available for a company at this stage.

Is Controlled Thermal Resources publicly traded?›

No. Controlled Thermal Resources is a private company; its shares do not trade on a public exchange.

What is Controlled Thermal Resources's valuation?›

The last valuation is $4.7B.

Who has invested in Controlled Thermal Resources?›

Lead investors for each round are in the funding timeline.

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