Fervo Energy funding history

4 disclosed rounds · sourced from the FOBI roster

Total raised

$872M

Rounds tracked

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Per-round date, stage, amount, lead investors, and the full valuation curve.

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Date	Stage	Amount	Valuation	Lead investors
2025-12-10	Series E	$462M	—	B Capital
2024-02-29	Series D	$244M	—	Devon Energy
2022-08-22	Series C	$138M	—	DCVC, Macquarie Capital
2021-04-30	Series B	$28M	—	Capricorn Investment Group