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.