Last updated 2026-07-26
Total raised
—
Last: Undisclosed Round 2026-01
Stage
Seed
Founded
2024
Headcount
7
HQ
Tel Aviv-Yafo, Israel
Sector
Energy Tech
Website ↗Registrar ID: 517015087 (TERRAWAVE ENERGY LTD)
About
TerraWave Energy is developing a novel deep drilling method using millimeter wave technology to penetrate hard rock and reach depths corresponding to temperatures of up to 450°C. This innovative approach aims to significantly increase the viability and accessibility of geothermal power.
Headcount over time
7 employees (2026-09) · 1 point
Offices
Tel Aviv-Yafo, Israel · HQ / main office
Q&A
- What is TerraWave Energy's primary business?
- TerraWave Energy is developing a novel deep drilling method using millimeter wave technology to penetrate hard rock and reach depths corresponding to temperatures of up to 450°C, aiming to increase the viability and accessibility of geothermal power.
- When was TerraWave Energy founded?
- TerraWave Energy was founded in July 2024.
- How many employees does TerraWave Energy currently have?
- TerraWave Energy has 1-10 employees.
- What is TerraWave Energy's total funding to date?
- TerraWave Energy has raised a total of $16,550,000 USD.
- When did TerraWave Energy complete its most recent funding round and what was the amount?
- TerraWave Energy completed a Seed round in January 2026, raising $11,500,000.
- Which investors participated in TerraWave Energy's Seed round in August 2024?
- The Seed round in August 2024 included investments from Aloniq and IDA Ventures.
- What grant funding did TerraWave Energy receive in November 2024?
- In November 2024, TerraWave Energy received a grant of $1,350,000.
- Who are the co-founders of TerraWave Energy?
- The co-founders of TerraWave Energy are Hagay Carmi and Michael Pechatnikov.
Team · 5
Hagay Carmi
Founder · CEO & Co-Founder
Michael Pechatnikov
Founder · CTO & Co-Founder
Vadim Zlotnik
VP R&D
P.V. (Suri) Suryanarayana
Chief-Scientist
Tony Pink
SHR Drilling Expert
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionClean Energy GenerationEnergy TechEnergy Production & Sources
Technologies
ComponentsMaterials & SubstancesSensingSemiconductors & ElectronicsCommunicationsMachinery & RoboticsSimulation & Imaging
Target customers
Real Estate & ConstructionAgriculture & FoodDefense, Safety & SecurityIndustrial ManufacturingGovernment & CityEnergy, Utilities & Waste Management
Business model
B2B
Highlights
Climate Tech1 PatentsVerified
Tags
energytechrenewable-energyclimate-techgeothermal
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | terrawave.energy/ |
|---|
Identifiers & details
| Legal name | TERRAWAVE ENERGY LTD |
|---|---|
| Founded | 2024-7 |
| Employees (exact) | 7 |
Radar intelligence
Patents
| EPO | 1 |
|---|
Web history (Wayback)
| Domain | terrawave.energy |
|---|
Certificate / subdomain footprint
| Subdomains | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 517015087 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2024-07-21 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 1 — annual_report (1) |
| Registered address | דבורה הנביאה 121 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-08-10 | דו~ח שנתי-שינוי בהוראות בתקנון |