Plasma Excavation System (PES)
Plasma-torch trenching and excavation machine that spalls hard rock without explosives or cutters.


Startup · United States
HQ Richmond, CAFounded 201611-50 employees
EarthGrid™ is developing the world’s first way to tunnel, trench, and excavate using our patented plasma tunnel-boring technology.
| Announced | Stage | Valuation | Basis |
|---|---|---|---|
| Oct 18, 2023 | Seed | $60.0M | Basis not stated |
| Oct 15, 2024 | Seed | $80.4M | Basis not stated |
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| Aug 10, 2026 | Series A | $52.8M | — | — | — | Confirmed |
| Oct 15, 2024 | Seed | $1.2M | $80.4M? | — | — | Reported |
| Oct 18, 2023 | Seed | $30.0M | $60.0M? | — | — | Reported |
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Plasma-torch trenching and excavation machine that spalls hard rock without explosives or cutters.
Plasma tunnel-boring machine for utility, fibre and pipeline tunnels in hard rock.
Newest unveiled first. Open a system for its milestone timeline, components and sources.
| Facility | Kind | Location | Status | Confidence |
|---|---|---|---|---|
| EarthGrid Richmond Headquarters | Headquarters | Richmond, CA, United States | Operating | Reported |
Founder & CEO
VP Engineering
Board of Directors
Employee-profile counts reflect LinkedIn profiles associated with the company, not verified headcount. One observation establishes a baseline; it does not establish growth.
Earthgrid · Supports Organization · description, Organization · name, Organization · website
“EarthGrid™ is developing the world’s first way to tunnel, trench, and excavate using our patented plasma tunnel-boring technology.”
PitchBook · Supports Organization · employee range, Organization · founded year, Organization · linkedin url, Organization · x url
“employee_range: 11-50 (profile: 27)”
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "USA", "hq_iso2": "US", "id": "ae53f646-cd85-48c7-b767-04ddbb91c167"}”
Crunchbase · Supports Organization · legal name, Organization · status
“legal_name: EarthGrid PBC”
BBC News · Aug 18, 2026 · Supports System · maturity
“During the California test this January, EarthGrid's cigar-shaped boring machine chewed through three metres of granite.”
EarthGrid · Sep 24, 2025 · Supports Organization · aliases, Role, System
“EarthGrid PBC, in collaboration with Statnett SF, has successfully completed a breakthrough demonstration of its Plasma Excavation System (PES)”
EarthGrid · Supports System · maturity
“In late June, EarthGrid PBC successfully deployed it's Plasma Excavation System (PES) in Raymond, California.”
U.S. Securities and Exchange Commission · Aug 10, 2026 · Supports Funding round · amount, Organization · ownership
“<totalAmountSold>52838297</totalAmountSold>”
CB Insights · Oct 15, 2024 · Supports Funding round
“Angel - II”
Gulf Oil and Gas · Oct 18, 2023 · Supports Funding round · amount
“it has raised $30 million at the close of its seed funding”
Kingscrowd · Aug 31, 2023 · Supports Funding round · amount, Funding round · post money valuation usd
“1.24 ($1,239,194)”
LinkedIn · Supports Facility, Organization · employee range, Organization · founded year, Organization · hq city, Organization · linkedin url, Organization metric · employees in linkedin, Organization metric · followers
“headquarters: Richmond, CA”
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