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Fervo Energy
completed $255 million Growth Round funding. Investors include
Capricorn Investment Group (lead), Breakthrough Energy Ventures, CalSTRS, Congruent Ventures, CPP Investments, DCVC, Galvanize Climate Solutions, Liberty Mutual Investments, Sabanci Climate Ventures.
About
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.
Startup
Sector:
Cleantech
Energy
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