Fervo nabs $462M to complete massive next-gen geothermal project

Published on December 10, 2025

The startup Fervo Energy just raised another $462 million to build America’s next generation of geothermal power plants. On Wednesday, the Houston-based company said it closed a Series E funding round led by a new investor, B Capital, a global venture capital firm started by Facebook cofounder Eduardo Saverin. With…