
Houston, Texas, United StatesFounded 2017186+ employeesPrivate
$1.9B raisedGrowth· last: debt financing (Mar 2026)· 14 rounds
Backed by(34 investors)
Mercuria · LeadB Capital · LeadBreakthrough Energy Ventures · LeadCapricorn Investment Group · LeadX-Caliber Rural Capital · Lead+10 more
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.