Develops enhanced geothermal power plants using drilling techniques borrowed from oil & gas.
| Date | Round | Amount |
|---|---|---|
| Dec 2025 | Funding round Fervo Energy raised $462 million led by B Capital, with support from Google and others, to build the 500 MW Cape Station geothermal plant in Utah. | $462M |
| Feb 2024 | Funding round Fervo Energy, a US geothermal startup, raised a $200M+ round. | $200M |
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