Fervo Energy (Series B)
Funding Details
Awarder
Inbox
Date Award
May 20, 2025
Vertical
Geothermal Energy
Funding Amount
$255,000,000
Company Info
Organizations Involved
Capricorn's Technology Impact Fund II, Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, Sabanci Climate Ventures
Market
Sustainable Energy
Location
Houston, Texas, USA
Coinvestors
Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Devon Energy, Galvanize Climate Solutions, Liberty Mutual Investments, Mercuria, Sabanci Climate Ventures
Company Description

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.

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