Fervo Energy
Fervo Energy raises $244M Growth at $1B valuation
Quick Facts
Fervo Energy: Growth Funding Round
Fervo Energy has successfully raised $244M in Growth funding, reaching a valuation of $1B.
Company Overview
Next-generation enhanced geothermal energy developer
Funding Details
The Growth round was led by Devon Energy, with participation from Galvanize Climate Solutions, Mitsubishi Heavy Industries.
Company Information
- Headquarters: Houston, TX
- Founded: 2017
- Employees: 150+
- Category: Energy
Investment
Fervo Energy plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Devon Energy: Verified investor in Growth
- Galvanize Climate Solutions: Verified investor in Growth
- Mitsubishi Heavy Industries: Verified investor in Growth
Key Investors
About the Author
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