Birch Geothermal

www.birchgeothermal.com ↗

Developing second-generation enhanced geothermal systems (EGS) focused on speed, reservoir performance, and project execution for baseload power

GeothermalEarlyColoradoFounded 2026

The interesting angle

Launched June 2026 as a portfolio company of VC firm Montauk Capital; CEO Mike Matson previously led BCG's global geothermal practice after roles at Carbon America and Storworks; co-founder Matt Minnick brings 17 years of geothermal reservoir engineering; positions itself as building on Fervo's first-mover EGS work

Related in Geothermal

Fervo Energy

Houston TX / heavy NREL/CO ties, just IPO'd

Geothermal Technologies Inc. (GTI)

Maryland / Weld County CO project

GLADE Geothermal (Oxy)

Weld County, CO

Last updated August 2026Sources: [1][2][3]

Snapshot

Funding: Undisclosed (Montauk Capital portfolio company)
Stage: Early
HQ: Colorado
Founded: 2026
Target customer: Utilities, data centers, grid operators

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