Fervo Energy
PublicFervo Energy is now publicly traded
The data on this page reflects Fervo Energy's private-market history up to the point it went public, including its funding rounds, valuation, and investors.
Went Public
May 13, 2026
Last Round
Debt
Mar 19, 2026
Total Funding Raised
$3.42B
Company Overview
Fervo Energy is a renewable energy company that develops, owns, and operates next-generation geothermal power projects to provide carbon-free electricity.
Sector
Energy
Verticals
CleanTech, Climate Tech
AI Layer
Application
Keywords
Fervo Energy Comparables
Compare Fervo Energy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Eavor Technologies Inc. | 82% | |
| AltaRock Energy | 80% | |
| Sage Geosystems | 78% |
Fervo Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO | May 13, 2026 | ||||
| Debt | Mar 19, 2026 | ||||
| Series E | Dec 10, 2025 | ||||
| Debt | Jun 11, 2025 | ||||
| Series D | Dec 19, 2024 | ||||
Debt | Dec 19, 2024 |
Key People
Founding team and executive leadership
Fervo Energy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Impact Science | Series D, Series E |
| Centaurustradingandinvestment | Series D, Series E |
| CPP Investments | Series D, Series E, Series C |
| Norges Bank Investment Management | IPO |
| Barclays Bank PLC | Debt |
| AllianceBernstein | Series E |
| Capricorn Investment Group | Series D, Series E, Series C, Series B |
Recent news
Latest coverage and updates
- invests_into_assetsOct 16, 2026
Fervo Energy expects its second and third 33-MW GeoBlocks at Cape Station to reach commercial operation by Jan 1st '27, while a 400-MW second phase is already under construction with a 2028 target.
- recognized_asOct 13, 2026
MIT Technology Review recognizes Fervo Energy as one of its 10 Climate Tech Companies to Watch for 2026.
- launchesOct 8, 2026
Fervo Energy launches Ground Truth in Texas on Oct 8th '26
- expands_facilitiesSep 28, 2026
Fervo Energy expands its utility-scale geothermal facility at Cape Station in Utah in Sep '26
- receives_financingSep 22, 2026
Fervo Energy received financing of $20M in Two grants on Sep 22nd '26.
Fervo Energy Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request access