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Fervo Energy Raises $462 Million Series E to Accelerate Geothermal Development and Meet Surging Energy Demand with Clean, Firm Power.

PUBLIC · FRVODec 10, 2025

Amount Raised

$462 Million

Round Type

Series E

HoustonEnergyRenewable EnergySolar

Investors

B Capital

Description

Fervo Energy announced the closing of its $462 million Series E funding round, led by B Capital. This funding will accelerate the development of its flagship Cape Station and other projects. Cape Station aims to deliver up to 500 MW of clean power by 2028. The financing reflects confidence in Fervo’s potential role in the carbon-free power future.

Quick answer

Fervo Energy raised $462 Million in a Series E round, dated December 10, 2025. Investors: B Capital. Fervo Energy is based in Houston, Texas, United States.

How much did Fervo Energy raise?
Fervo Energy raised $462 Million in a Series E round on December 10, 2025.
Who invested in Fervo Energy?
B Capital is named as investors in this round.
What does Fervo Energy do?
Fervo Energy provides 24/7 carbon-free energy through the development of next-generation geothermal power.
Where is Fervo Energy based and how big is it?
Fervo Energy is based in Houston, Texas, United States.
Who are the decision-makers at Fervo Energy?
Fundz holds 2 contacts at Fervo Energy, including the Head of Asset Management. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Fervo Energy that raised within 45 days of this round, from Fundz verified event records.

  • Ascent Solar Technologies raised $10M on January 23, 2026.
  • Aerem Solutions raised $15M (Series B) on January 21, 2026.
  • Renewa raised $502M (Funding Round) on January 19, 2026.
  • Capstone Companies raised $558K (Debt Financing) on January 12, 2026.
  • Amprius Technologies raised $98M (Post-IPO Equity) on January 12, 2026.
  • Juniper Green Energy raised $227M (Debt Financing) on January 6, 2026.

Who to call at Fervo Energy, and when

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Company Information

Company

Fervo Energy

Location

Houston, Texas, United States

About

Fervo Energy provides 24/7 carbon-free energy through the development of next-generation geothermal power. Fervo’s mission is to leverage innovation in geoscience to accelerate the world’s transition to sustainable energy. Geothermal has a major role to play in the future electric grid, and Fervo’s key advancements in drilling and subsurface analytics bring a full suite of modern technology to make geothermal cost competitive.

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Related People

2 contacts
Verified contactsDanita P., Head of Asset Management hidden hidden hiddenSee plans and pricing
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Fervo Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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