Fervo Energy: Funding, Investors & Team (Oct 2026)
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation for a 100% clean energy future. The company was founded in 2017 and is based in Berkeley, California.
Fervo Energy has raised $1.3B across 7 funding rounds on record, the most recent an undisclosed round of $490k announced in Apr 2026.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
Fervo Energy Company Profile and Key Stats
Latest funding round on record: Apr 2026.
Fervo Energy Funding Rounds
Fervo Energy raised $26.3M in a Series B announced in Apr 2021.
1.3 years later, a Series C of $138M was announced in Aug 2022.
1.5 years later, an undisclosed round of $139M was announced in Feb 2024.
1.3 years later, an undisclosed round of $106M was announced in Jun 2025.
6 months later, a Series E of $462M was announced in Dec 2025.
3 months later, an undisclosed round of $421M was announced in Mar 2026.
1 month later, an undisclosed round of $490k was announced in Apr 2026.
Fervo Energy Founders and Leadership Team
Contact details for the Fervo Energy team: 2 of 2 have an email address on file.
Start 14-day free trial →Fervo Energy Funding Compared to Other Energy Startups
Fervo Energy's latest round of $490k is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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Fervo Energy Funding FAQs
What does Fervo Energy do?
Fervo Energy is a next-generation geothermal developer generating clean power in new places. Fervo Energy commercializes proprietary technology to own, develop, and operate geothermal assets as the dispatchable foundation for a 100% clean energy future. The company was founded in 2017 and is based in Berkeley, California.
How much funding has Fervo Energy raised?
Fervo Energy has raised $1.3B across 7 rounds on record. The most recent is an undisclosed round of $490k announced in Apr 2026.
When did Fervo Energy last raise funding?
Fervo Energy's most recent funding round on record is an undisclosed round of $490k, announced in Apr 2026.
Who founded Fervo Energy?
FundedIQ lists Jack Norbeck (Founder) at Fervo Energy.
Who is the CEO of Fervo Energy?
Tim Latimer is listed as CEO at Fervo Energy.
Where is Fervo Energy headquartered?
Fervo Energy is based in Berkeley, California, United States.
How many employees does Fervo Energy have?
Fervo Energy is in the 11-50 employee band.
How does Fervo Energy's funding compare to other Energy startups?
Fervo Energy's latest round of $490k is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's Fervo Energy Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Fervo Energy is left off this page rather than filled in.
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