JOURNAL ARTICLE

Geothermal Startup Fervo Attracts Investors Including Google.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ma, Michelle 3 of 3

Abstract

The article focuses on Fervo Energy, a U.S. geothermal startup that has raised $462 million in a Series E funding round to advance its technology for generating power from the earth's heat. The funding was led by B Capital and included investments from notable entities such as Google, Tesla co-founder JB Straubel, and Bill Gates' Breakthrough Energy Ventures. Fervo is pioneering enhanced geothermal systems (EGS) by utilizing fracking techniques to extract heat from deep underground, with a commercial pilot in Nevada and plans for a 500-megawatt facility in Utah. The growing interest in geothermal energy is driven by increasing power demands, particularly from data centers supporting artificial intelligence. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2025
  • Accession Number:189941046
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