Fervo Energy

United States
Awendaw, South Carolina, United States, 77002

Company profile

Fervo Energy company profile

Fervo Energy develops and operates next-generation geothermal power projects that produce continuous, low-carbon electricity by tapping heat from deep beneath the Earth’s surface. The company applies advanced drilling methods, including horizontal drilling and data-driven subsurface analytics, originally developed in the oil and gas sector, to create enhanced geothermal systems in locations previously uneconomic for traditional geothermal power production. Fervo’s technology integrates downhole sensors and real-time data analysis to optimize well performance and heat extraction for reliable, around-the-clock baseload power. Its flagship development, Cape Station, is designed to deliver multi-hundred-megawatt capacity to the grid, with long-term power purchase agreements in place and phased commercial operations targeting mid-decade.

Business identity

Phone number
713-965-4291
Operating status
Active
Company type
For Profit
Employee range
101-250 employees
Revenue range
$50,000+
Founded
2017-01-01, Year

Headquarters

Postal code
77002
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
13
Total equity funding
$1.1B
Last funding
Series E / $462M / 2025-12-10
Last equity funding
Series E / $462M
Investors
31
Lead investors
5
Founders
2
Articles
156

Founders and investors

Founders

Jack NorbeckTim Latimer

Lead investors

B CapitalBreakthrough Energy VenturesCapricorn Investment GroupMercuriaX-Caliber Rural Capital

Investors

B CapitalBreakthrough Energy VenturesCongruent VenturesDCVCGoogle