Fervo Energy Co.
Latest round
- Series E
Last raised
- Dec 2025
Total raised
- $926M
Investors
- 34
About Fervo Energy Co.
Founded in 2017 by CEO Tim Latimer and CTO Jack Norbeck, and based in Texas, US, Fervo Energy Co. commercializes proprietary technology to develop, own, and operate geothermal assets as the dispatchable foundation to a 100% clean energy grid. Geothermal is a 24/7, carbon-free, renewable energy resource that, with the right technology, can play a central role in decarbonizing the most challenging parts of the electricity sector. In December 2025, Fervo Energy Co., and Google Holdings, Breakthrough Energy Ventures, Capricorn Investment Group, Congruent Ventures, CPP Investment Board, DCVC, Devon Energy Corporation, Echelon, Galvanize, CalSTRS, Impact Science Ventures, Liberty Mutual Strategic Ventures, Marunouchi Innovation Partners, Mercuria, Mitsubishi Heavy Industries, Sabanci Ventures, and Centaurus Capital. Fervo Energy is a provider of technology that leverages over a decade of innovation in drilling and production from the shale sector, leading to dramatic improvements in system performance and well design. The company combines advanced drilling techniques, fiber-optic sensing, and cloud-based analytics, unlocking a new class of geothermal resources.
Who invested in Fervo Energy Co.
34 investors across 7 rounds
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Funding rounds
Series E
Dec 4, 2025
Amount
$452M
Investors
Series D
Dec 13, 2024
Amount
$135M
Investors
Series D
Mar 5, 2024
Amount
$25M
Investors
Series D
Feb 7, 2024
Amount
$138M
Investors
Series C
Aug 8, 2022
Amount
$138M
Investors
Series B
Mar 18, 2021
Amount
$26M
Investors
Series A
Jul 2, 2019
Amount
$11M
Investors
Questions about Fervo Energy Co.
Who invested in Fervo Energy Co.?
Fervo Energy Co. has 34 investors on record across 7 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Fervo Energy Co. raised?
Fervo Energy Co. has raised 7 venture rounds. Sign up free to see how much each round raised and the total.
When did Fervo Energy Co. last raise money?
Fervo Energy Co.'s most recent round on record is a Series E, in Dec 2025.
What does Fervo Energy Co. do?
Founded in 2017 by CEO Tim Latimer and CTO Jack Norbeck, and based in Texas, US, Fervo Energy Co.
Where is Fervo Energy Co. headquartered?
Fervo Energy Co. is headquartered in Houston, US.
Which VCs invest in companies like Fervo Energy Co.?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Fervo Energy Co.'s stage. Their profiles are linked below.
VCs backing renewable energy startups at Series E
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