Funding Details
- Awarder
- Inbox
- Date Award
- February 29, 2024
- Vertical
- Geothermal Energy
- Funding URL
- View Funding Page
Company Info
- Founding Year
- Not provided in the memo
- Traction
- Not provided in the memo
- Organizations Involved
- Not provided in the memo
- Founders
- Tim Latimer
- Company Description
- Fervo Energy develops clean energy technology to generate carbon-free energy from geothermal systems. Fervo Energy provides 24/7 carbon-free energy through the development of next-generation geothermal power. Fervo’s mission is to leverage innovation in geoscience to accelerate the world’s transition to sustainable energy. Geothermal has a major role to play in the future electric grid, and Fervo’s key advancements in drilling and subsurface analytics bring a full suite of modern technology to make geothermal cost competitive. For more information, please visit www.fervoenergy.com.
- Market
- Energy
- Location
-
Houston,
TX,
US
- Coinvestors
- Devon Energy, Galvanize Climate Solutions, John Arnold, Liberty Mutual Investments, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy Industries, Capricorn’s Technology Impact Fund, Congruent Ventures, DCVC, Elemental Excelerator, Helmerich & Payne, Impact Science Ventures
Links