Sage Geosystems, LLC announced that it has received $17 million in a round of funding led by new investor, Chesapeake Energy Corporation on February 15, 2024. The transaction included participation from new investor, Helium-3 Ventures Management Company, LLC, returning investors, Ignis H2 Energy Inc., Virya, LLC, Nabors Industries Ltd. and individual investor, Arch Meredith. The company has raised over $40 million in funding till date.