
Fervo Energy, a geothermal energy company, has raised $244 million in a funding round to develop next-generation geothermal technology. The company aims to meet the demand for 24/7 carbon-free energy. Various entities like DCVC, TimMLatimer, and investors have been involved in this milestone.
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Nothing to see here, just a Houston geothermal company announcing a $244 million capital raise. @fervoenergy is on its way to becoming the most interesting emerging energy company in Texas. https://t.co/bIUqRDO50B
Huge news from @fervoenergy today: major congrats to @TimMLatimer and the whole team! @DCVC is proud to back the game-changer in geothermal energy. 🍾 🍾 🍾 https://t.co/miGx86PP7Z
