Every round on record, with the sources behind each and the investors on them.
Fervo Energy develops next-generation geothermal projects to deliver 24/7 carbon-free energy.
fervoenergy.comLinkedInHouston, TXEnergy
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
No conventional round stage is stated. The $206 million comprises preferred equity, a term-loan upsize, and additional bridge debt; Mercuria and XRL-ALC are financing providers rather than equity-round investors.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $206M | 2025-06-11 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source No conventional round stage is stated. The $206 million comprises preferred equity, a term-loan upsize, and additional bridge debt; Mercuria and XRL-ALC are financing providers rather than equity-round investors. | ||||