On December 10, 2025, Fervo Energy Company closed the transaction. The company raised $462 million in a round of funding led by new investor B Capital Group Management, L.P. The transaction included participation from new investors, AllianceBernstein Holding L.P., Alphabet Inc., Mitsui & Co., Ltd., Atacama Ventures, Carbon Equity AG, Climate First, individual investors, Dr. Kris Singh, and JB Straubel and returning investors, Breakthrough Energy Ventures, LLC, California State Teachers' Retirement System, Capricorn Investment Group LLC, Congruent Management, LLC, Canada Pension Plan Investment Board, DCVC, Devon Energy Corporation, Echelon Capital, Galvanize Climate Solutions LLC, Liberty Mutual Group Asset Management Inc., Marunouchi Innovation Partners Co., Ltd., Mercuria Energy Group Holding S.A., Mitsubishi Heavy Industries, Ltd., Sabanci Climate Ventures. The company has raised $451,999,837 through Regulation D from 39 investors.
Fervo Energy Company announced that it has received $462 million in funding from a group of investors
Published on 12/10/2025

















