


First Investment: 2022
Wind and solar facilities are generating record amounts of zero-carbon electricity, but the world still needs flexible, dispatchable sources of baseload power for times when the sun is down or the wind isn’t blowing. Fervo Energy is putting horizontal drilling and other proven technologies from modern oil and gas development together with advanced fiber optic sensing to identify and exploit the best locations for heat mining. Fervo also manages fluid injection into low-permeability rock in a way that allows power generation to be ramped up or down as needed, effectively turning geothermal reservoirs into giant underground batteries.
News & Insights
In The Media
CTVC
Green linings & lessons from breakthroughs #159
Fervo Energy
Twelve
Brimstone
Bloomberg
Energy Startup Says It Has Achieved Geothermal Tech Breakthrough
Fervo Energy
Hart Energy
Bill Gates: ‘Miraculous Green Grid’ Needed to Decarbonize
Fervo Energy
CNBC
Silicon Valley VC has been investing in climate tech for a decade — here’s what he’s into now
CH4 Global
Fervo Energy
Kairos Aerospace
Oklo
ZwitterCo
Power Technology
Power industry venture financing deals total $541.2m in North America in August 2022
Fervo Energy
Crunchbase News
The 10 Biggest Rounds Of August: Energy-Related Startups Dominate
Fervo Energy
Axios
Exclusive: Fervo raises $138M for geothermal energy
Fervo Energy
Think Geoenergy
Fervo raises $138M funding for geothermal power plant projects
Fervo Energy