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Fervo Energy
Electrical/Electronic ManufacturingEnergy TransitionManufacturingSemiconductorsEnergyEnergy EfficiencyEnergy ManagementNuclearRenewable Energy
0 open
Houston, Texas, United StatesFounded 2017186+ employees$1.9B raisedGrowthPrivate
Last round: debt financing · $421M · Mar 2026(14 rounds total)
Founded by Jack Norbeck, Tim Latimer
Backed by(34 investors)
MercuriaB CapitalBreakthrough Energy VenturesCapricorn Investment GroupX-Caliber Rural CapitalSumitomo Mitsui Trust Bank U.S.ABank of AmericaJP MorganCentaurus CapitalJB StraubelMitsui & CoGoogleCalSTRSCongruent VenturesElemental Impact
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.
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