Fervo Energy
Delivering 24/7 carbon-free energy through development of next-generation geothermal projects.
Delivering 24/7 carbon-free energy through development of next-generation geothermal projects.
Fervo Energy is a company dedicated to delivering 24/7 carbon-free energy through the development of next-generation geothermal power. Since its establishment in 2017, the company has strived to leverage innovation in geoscience to hasten the world's transition to sustainable energy. Situated in the United States, Fervo Energy's advancements in drilling and subsurface analytics have positioned geothermal to play a significant role in the future electric grid. The company's recent Series D investment of $244.00M on 29 February 2024 saw participation from prominent investors including Congruent Ventures, DCVC, and Capricorn Investment Group. Fervo Energy's mission to make geothermal cost-competitive is underscored by its commitment to applying a full suite of modern technologies to the field. For more information, visit www.fervoenergy.com.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Pre-Seed | Fr.1.38M | 3 |
|
17 Jan 2025 |
| Series D | $244.00M | 3 |
|
29 Feb 2024 |
| Corporate Round | $10.00M | - | 18 Apr 2023 | |
| Series C | $138.00M | 3 |
|
22 Aug 2022 |
| Series B | $28.00M | 6 |
|
30 Apr 2021 |
We care about your data, and we'd love to use cookies make your experience better.
