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
Apr 17, 2026
Last Round
Debt
Mar 19, 2026
Total Funding Raised
$1.42B
Company Overview
Fervo Energy is a clean energy company that develops next-generation geothermal power projects to provide carbon-free energy and enhance the future electric grid.
Sector
Energy
Verticals
CleanTech, Climate Tech
AI Layer
Non-AI
Keywords
enhanced geothermal systemsEGSgeothermal power24/7 carbon-free energyPower Purchase AgreementsPPAshorizontal drillingnext-gen geothermalbaseload powergeothermal project developmentfirm clean poweroil and gas technologyutility scale powerhydraulic fracturingdata center powerfiber optic sensing
Fervo Energy Comparables
Compare Fervo Energy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Eden GeoPower | 52% | |
| Novus Earth Energy Operations Inc. | 52% | |
| Factor2 Energy | 50% | |
Fervo Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO | Apr 17, 2026 | ||||
| Debt | Mar 19, 2026 | ||||
| Series E | Dec 10, 2025 | ||||
| Debt | Jun 11, 2025 | ||||
| Corporate Funding | 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 | Corporate Funding, Series E, Series C |
| Barclays Bank PLC | Debt |
| AllianceBernstein | Series E |
| Capricorn Investment Group | Series D, Series E, Series C, Series B |
| Mitsubishi UFJ Financial Group | IPO, Debt |
Fervo Energy Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Firmographic Details
HeadquartersHouston, Texas
Employee Range268
Year Founded2017
Last FundingMar 19, 2026