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Novel Therm logo — Geothermal Powered High Performance Compute Data Center

Novel Therm

Geothermal Powered High Performance Compute Data Center

Founded 2018 United States Long Beach, United States 2 employees Data Analytics, Energy +2

General Information

Company Name Novel Therm
Founded Year 2018
Location United States Long Beach, United States
Employees 2
Industries Data Analytics, Energy, Renewable Energy +1
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About Novel Therm

Novel Therm is a pioneering company with the slogan "Geothermal Powered High-Performance Compute Data Center." Founded in 2016, this United States-based startup is on a mission to revolutionize the data center industry by offering environmentally friendly, low carbon-footprint, and competitively priced High-Performance Compute (HPC) data centers as a service (HPCaaS). Embracing geothermal energy sources as its power supply, Novel Therm aims to meet the surging global demand for computing power while minimizing its adverse environmental impact. The company prioritizes sustainability, high performance at competitive prices, and utmost customer satisfaction as its core values. The vision of Novel Therm is not only to minimize carbon emissions and conserve resources but also to foster economic growth and development in under-served communities. It aspires to become the global leader in clean energy data centers with a minimal carbon footprint. Given that the digital world's excessive consumption accounts for an estimated 10% of global electricity production (nearly 3,000 Terawatt hours) and produces over 4% of the planet’s carbon dioxide emissions, Novel Therm is poised to steer the data center industry toward a profoundly green direction. With its focus on the industries of Renewable Energy and Energy Storage, Novel Therm stands out with its commitment to offsetting the environmental impact of digital infrastructure. While the details of its last investment and investors remain undisclosed, the company's ambitious mission and sustainable approach position it as an intriguing prospect for potential venture capital involvement.

Business keywords: Geothermal energy, Data centers, HPC, Renewable energy, Low carbon-footprint, Environmental impact, Clean energy, Carbon emissions, Economic development, Technology, Green energy, Global leader, Resource conservation, Digital transformation

No funding data available for Novel Therm yet.

Novel Therm Alternatives & Competitors

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Novel Therm vs
ENVIS Energy and Environmental Systems Research&Development Ltd.
ENVIS Energy and Environmental Systems Research&Development Ltd. Turkey

www.envis.com.tr

1 employees
Energy, Renewable Energy
Novel Therm vs
MITAS DOGAL ENERJI
MITAS DOGAL ENERJI Turkey

Exploring effective strategies in sustainable energy and carbon management in English.

2 employees
Energy, Renewable Energy
Novel Therm vs
Aries Clean Technologies
Aries Clean Technologies United States

Aries Clean Technologies focuses on the clean conversion of wastewater biosolids using gasification.

Debt Financing
49 employees
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FAQ About Novel Therm

Geothermal Powered High Performance Compute Data Center
Novel Therm was founded in 2018.
Novel Therm is headquartered in Long Beach, United States.
Novel Therm operates in Data Analytics, Energy, Renewable Energy and Energy Storage. Its work centres on Geothermal energy, Data centers, HPC and Renewable energy.
Novel Therm has approximately 2 employees.
Top alternatives and competitors to Novel Therm include ENVIS Energy and Environmental Systems Research&Development Ltd., MITAS DOGAL ENERJI, Aries Clean Technologies, Tidewater Renewables Ltd., Carbonfund. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Novel Therm and ENVIS Energy and Environmental Systems Research&Development Ltd. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Novel Therm, https://bouncewatch.com/company/novel-therm, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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