Fervo Energy
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Fervo Energy

https://www.fervoenergy.com/
Last activity: 01.09.2026
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Categories: AICleanTechClimateTechDrillingEnergyGeothermalInfrastructureInnovationPowerRenewableRenewableEnergySustainabilityTechnology
Fervo Energy provides 24/7 carbon-free energy from next-gen geothermal power projects.
Followers
2.32K
Followers
8.94K
Mentions
151
Location: United States
Employees: 11-50
Total raised: $1.65B
Valuation: $2B
Founded date: 2017

Investors 11

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Funding Rounds 6

DateSeriesAmountInvestors
22.04.2026Seed$421MJPMorgan C...
20.01.2026Series E$562MShell Vent...
24.12.2024-$255M-
04.03.2024-$244M-
23.08.2022Series C$138MDCVC
30.04.2021-$28MCongruent ...

Mentions in press and media 151

DateTitleDescription
01.09.2026Fervo signs 396-MW geothermal power supply deal with Google; shares jumpSept 1 : Geothermal developer Fervo Energy said on Tuesday it had signed a deal to supply 396 megawatts of geothermal power to Alphabet's Google from its Cape Station project in Utah, sending its shares up nearly 14 per cent in premarket tr...
13.07.2026Hephae Energy Technology Raises $17.8 Million Series A To Commercialize Superhot Drilling TechnologyHephae Energy Technology announced the closing of a $17.8 million Series A funding round to accelerate the commercial deployment of its advanced drilling systems for next-generation geothermal energy development. The round was co-led by Sus...
09.07.2026Russell Investments Announces New Long-Term OwnersRussell Investments, the global investment solutions provider, today announced that an investor consortium (the “Investor Consortium”) led by B Capital, a global multi-stage investment firm, and including California Public Employees’ Retire...
22.06.2026PNNL Teams Up with Fervo Energy and NVIDIA to Accelerate Geothermal Energy DevelopmentRICHLAND, Wash. — All around the world, heat is key to generating electricity. By burning hydrocarbons, splitting atoms or tapping into Earth’s hot subsurface, humans generate much of the world’s electricity by heating water to create steam...
21.06.2026Critical Energy Secures $22 Million for Modular Geothermal Power RevolutionCritical Energy secured $22 million in seed funding. This capital fuels the deployment of modular turbine power systems. Former SpaceX engineer Spencer Jackson founded the firm. Its factory-built systems accelerate clean energy deployment. ...
21.06.2026Геотермия стала горячей темой: Fervo Energy продала инвесторам идею нового источника энергии для дата-центровИсточник На бирже Nasdaq этой весной выстрелила не новая нейросеть и не производитель чипов. В мае 2026 года инвесторы поверили в старую идею о том, что можно брать тепло из Земли и круглосуточно превращать его в электроэнергию. Fervo вышла...
18.06.2026Экс-сотрудник SpaceX привлек $22 млн на переделку ракетных двигателей в геотермальные станцииАмериканский стартап Critical Energy закрыл раунд финансирования на $22 млн для разработки модульных турбин, предназначенных специально для геотермальных электростанций. Деньги пошли на строительство первого пилотного объекта мощностью 2,5 ...
13.06.2026Бывший инженер SpaceX привлек $54 млн на генерацию геотермальной энергии в океанеСтартап Endurance Energy, основанный выходцем из SpaceX Эндрю Реддом, закрыл раунд Series A на $54 млн для разработки технологии добычи геотермальной энергии на дне океана. Средства направят на проектирование подводных геотермальных электро...
11.06.2026Endurance Energy raises $54M to tap geothermal power from undersea volcanoesEndurance Energy Inc., a Seattle startup building generators that tap heat from undersea volcanoes, revealed today that it has raised $54 million in new funding to advance its plans for offshore power plants as energy demand surges. Founded...
22.05.2026Houston's Innovation Surge: Pharma, AI, Geothermal, and Rapid E-commerce Reshape the CityHouston’s economy propels forward. Major investments flood diverse sectors. The city solidifies its role as an innovation hub. Pharmaceutical giant Bristol Myers Squibb considers a $1 billion manufacturing campus. Eli Lilly already committe...
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