Fervo Energy logo — Delivering 24/7 carbon-free energy through development of ne...

Fervo Energy

Delivering 24/7 carbon-free energy through development of next-generation geothermal projects.

Founded 2017 United States Houston, United States 216 employees Series E Total: $1.01B

General Information

Company Name Fervo Energy
Founded Year 2017
Location United States Houston, United States +2
Employees 216
Funding Stage Series E
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

In The News Sep 01, 2026

Featured on Thenextweb: Fervo signs 396MW geothermal deal with Google for 2028 start

In The News Aug 22, 2026

Featured on Thenextweb: A 60-year-old geothermal company just became an AI infrastructure play

About Fervo Energy

Fervo Energy, founded in 2017 and headquartered in the United States, is pioneering in delivering 24/7 carbon-free energy through cutting-edge geothermal projects. With a clear mission to leverage geoscience innovations, Fervo is pivotal in accelerating the shift toward sustainable energy. The company's advancements in drilling and subsurface analytics aim to make geothermal energy cost-competitive, positioning it as a crucial player in future electric grids.

In its most recent financing round, Fervo Energy secured a substantial $462 million in a Series Unknown investment dated 11 December 2025. This investment highlights the confidence major investors have in Fervo's technology and market potential. Noteworthy investors include CPP Investments, Breakthrough Energy Ventures, AllianceBernstein, Google, and B Capital, among others, signifying robust backing from both traditional and strategic tech investors.

Taxonomy: carbon-free energy, next-generation geothermal, geoscience innovation, sustainable energy transition, geothermal power development, drilling technology, subsurface analytics, cost-competitive geothermal, proprietary technology, geothermal asset ownership, energy dispatchability, clean energy future, renewable energy commercialization

Services & Products

Geothermal Energy Generation
Energy Technology Development
Renewable Energy Project Management
Environmental Health and Safety Consulting

Target Customers

Data Centers Electricity Sector Providers Renewable Energy Investors Public Sector Supporting Clean Energy Energy Policy Makers

Funding Rounds & Investors (13)

View All
Funding Stage Amount Investors Lead Investors Date
Series E •••••• 25
Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
01 Dec 2025
Debt Financing •••••• 1
Investor
01 Jun 2025
Debt Financing •••••• 11
Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
01 Dec 2024
Debt Financing •••••• 1
Investor
01 Sep 2024
Late Vc •••••• 1 •••• •••• 01 Feb 2024

View All 13 Funding Rounds

Fervo Energy Alternatives & Competitors

View All Alternatives
Fervo Energy vs

Unlocking premium power for the industries that need it most by matching technology to geology.

Series A
24 employees
Energy, Renewable Energy
Fervo Energy vs

Delivering geothermal power, heat and lithium for a cleaner future.

Private Equity
15 employees
Energy, Energy Efficiency
Fervo Energy vs

Make Tomorrow Brighter

1059 employees
Energy, Industrial

FAQ About Fervo Energy

Delivering 24/7 carbon-free energy through development of next-generation geothermal projects.
Fervo Energy was founded in 2017.
Fervo Energy is headquartered in Houston, United States.
Fervo Energy has approximately 216 employees.
Fervo Energy has completed 13 funding rounds, raising a total of $1.01B. The latest funding stage is Series E.
Fervo Energy offers: Geothermal Energy Generation, Energy Technology Development, Renewable Energy Project Management, Environmental Health and Safety Consulting.
Top alternatives and competitors to Fervo Energy include GreenFire Energy Inc, Geothermal Engineering Ltd, Star Energy Geothermal, Able Environmental, LLC, Element Energy Systems. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fervo Energy and GreenFire Energy Inc are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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