Fervo Energy
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Organization
Contact Information
Overview
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation for a 100% clean energy future.
The company was founded in 2017 and is based in Berkeley, California.
About
Industries
Nuclear, Plastics and Rubber Manufacturing
Founded
2017
Employees
1-10
Headquarters locations
Houston, Texas, United States, North America
Social
Profile Resume
Fervo Energy headquartered in United States, North America, operates in the Nuclear, Plastics and Rubber Manufacturing sector. The company focuses on Nuclear and has secured $24.1B in funding across 56 round(s). With a team of 1-10 employees, Fervo Energy is actively contributing to advancements in Nuclear. Their latest funding round, Series D - Fervo Energy, raised $244.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
7
Investors
3
Lead Investors
0
Total Funding Amount
$431.0M
Details
5
Fervo Energy has raised a total of $431.0M in funding over 5 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2021 | Early Stage Venture | 28.0M | ||
| 2018 | Seed | |||
| 2022 | Late Stage Venture | 138.0M | ||
| 2024 | Late Stage Venture | 244.0M |
Investors
Fervo Energy is funded by 24 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| DCVC | - | FUNDING ROUND - DCVC | 244.0M |
| Ion Yadigaroglu | - | FUNDING ROUND - Ion Yadigaroglu | 244.0M |
| Fervo Energy | - | FUNDING ROUND - Fervo Energy | 244.0M |
| Capricorn Investment Group | - | FUNDING ROUND - Capricorn Investment Group | 244.0M |
Recent Activity
News
Jul 26, 2024
Crunchbase News - Texas Startup Funding Declines, Led By Dip In Austin-Area Investment
News
Jul 01, 2024
IT Pro - Data center power demands are skyrocketing, and Google thinks geothermal energy is the key to producing ‘round-the-clock’ clean electricity
News
Jul 01, 2024
Business Wire - Fervo Energy Announces 320 MW Power Purchase Agreements With Southern California Edison
News
Jul 01, 2024
Bloomberg - Southern California Edison Inks Geothermal Power Deal With Fervo
News
Jul 01, 2024
CleanTechnica - Google Agrees To Buy 115 MW Of Geothermal Power From Fervo & NV Energy
News
Jun 25, 2024
Business Wire - Fervo Energy Announces 320 MW Power Purchase Agreements With Southern California Edison