Fervo Energy Company
Enhanced geothermal system (EGS) using horizontal well pairs with hydraulic stimulation and fiber optic monitoring to enable flexible, dispatchable heat and electricity generation with in-reservoir en
- Sector
- Energy
- Headquarters
- Houston, TX
- Founded
- 2017
- Latest Form D
- $452M, Dec 2025
- Total capital
- $890M
- Federal grants
- $200K
- 1 award · 2020
- Rank in peer group#19 of 32
- Private capital raised
- $890M
- 5 Form D · last Dec 2025
- 11 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- 10
- 25 pending · first 2023
- Rank in peer group#1 of 32
Capital timeline
Latest events
- Private capital raisedForm D · SEC · 5th filing$452M
- Private capital raisedForm D · SEC · 4th filing$135M
- Private capital raisedForm D · SEC · 3rd filing$138M
- Private capital raisedForm D · SEC · 2nd filing$138M
- Private capital raisedForm D · SEC · 1st filing$26.3M
- Federal grantEnergy · Phase I · In-reservoir Energy Storage and Flexible Geothermal Operating Strategies: Technology Validation, Market Value-potential, and Grid-scale Modeling and Optimization$200K
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Federal first
9months
from Fervo Energy Company’s first federal award to its first private round.
- First federal award · Jun 2020
- Energy · $200K
- First Form D · Apr 2021
- $26.3M · 1st Form D
- Awards before first raise
- 1 award
An association in public records, not a cause or a prediction.
Standing among 32 peers
Line = medianEnergy · System
- Federal grantsBelow median
- Granted patents#1 · top 3%
Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.
Founders and team
Researcher links verified by same-company patents and grants- Jack Thomas NorbeckResearcherExecutive Officer, DirectorLinked by 4 patents · $200K in grants as PI
- Timothy Thomas LatimerResearcherExecutive Officer, DirectorLinked by 2 patents
- Anne Thomas ClearyDirectorNamed in SEC Form D filings
- Christina KarapatakiDirectorNamed in SEC Form D filings
- David Thomas DanielsonDirectorNamed in SEC Form D filings
- Ion YadigarogluDirectorNamed in SEC Form D filings
Show all 11 people
- Jane Thomas WoodwardDirectorNamed in SEC Form D filings
- Matt TrevithickDirectorNamed in SEC Form D filings
- Nicholas WalrodDirectorNamed in SEC Form D filings
- Rachel Thomas SlaybaughDirectorNamed in SEC Form D filings
- Tanuj Thomas DuttaDirectorNamed in SEC Form D filings
What it has protected
USPTO · 10 granted of 35- GrantedMethod For Determining The Heat In Place For A Geothermal System With Horizontal WellsUSPTOUS 12,717,064
- PendingSystems And Methods For Geothermal Energy StorageUSPTOApplication 19436196
- GrantedSelf-correcting Flow In Subsurface WellsUSPTOUS 12,680,433
Show all 35 patent records
- Method For Determining The Heat In Place For A Geothermal System With Horizontal WellsAug 25, 2026 · US 12,717,064Granted
- Systems And Methods For Geothermal Energy StorageJul 30, 2026 · Application 19436196Pending
- Self-correcting Flow In Subsurface WellsJul 14, 2026 · US 12,680,433Granted
- Enhanced Geothermal SystemJul 2, 2026 · Application 19550049Pending
- Direct Air Capture Using Geothermal Cooling TowersJun 25, 2026 · Application 19543639Pending
- Direct Air Capture Using Geothermal Cooling TowersApr 14, 2026 · US 12,601,327Granted
- Enhanced Geothermal SystemMar 24, 2026 · US 12,584,660Granted
- Methods And Systems To Control Flow And Heat Transfer Between Subsurface Wellbores Connected Hydraulically By FracturesMar 19, 2026 · Application 19177891Pending
- Systems And Methods For Geothermal Energy StorageJan 27, 2026 · US 12,535,246Granted
- Controlling Fracture Growth During Stimulation Of Subsurface Reservoirs Using Offset WellsOct 23, 2025 · Application 19252483Pending
- Self-correcting Flow In Subsurface WellsAug 14, 2025 · Application 19098183Pending
- Geology, Temperature, Geophysics, Stress Orientations, And Natural FracturingAug 7, 2025 · Application 19047416Pending
- Controlling Fracture Growth During Stimulation Of Subsurface Reservoirs Using Offset WellsAug 5, 2025 · US 12,378,866Granted
- Self-correcting Flow In Subsurface WellsMay 13, 2025 · US 12,297,724Granted
- Methods And Systems To Control Flow And Heat Transfer Between Subsurface Wellbores Connected Hydraulically By FracturesApr 22, 2025 · US 12,281,550Granted
- Completion And Well Placement Optimization Using Distributed Fiber Optic Sensing In Next-generation Geothermal ProjectsNov 14, 2024 · Application 18659712Pending
- Fiber Optics Acoustic Steering For Directional DrillingNov 14, 2024 · Application 18659679Pending
- Systems And Methods For Geothermal Energy StorageMar 12, 2024 · US 11,927,369Granted
- Methods And Systems To Control Flow And Heat Transfer Between Subsurface Wellbores Connected Hydraulically By FracturesNov 7, 2023 · US 11,808,121Granted
- Method For Controlling Near-wellbore Flow In Subsurface WellsApplication 63398091Pending
- Method To Control Fracture Growth During Stimulation Of Subsurface Reservoirs Using Offset WellsApplication 63398070Pending
- Geology, Temperature, Geophysics, Stress Orientations, And Natural FracturingApplication PCTUS2025014859Pending
- Fracture Orientation In Geothermal StimulationApplication PCTUS2026016668Pending
- Drilling Performance In A Horizontal Egs DevelopmentApplication PCTUS2025014768Pending
- Horizontal Geothermal Drilling And Multistage Hydraulic Stimulation TreatmentApplication 19151151Pending
- Systems And Methods For Geothermal Energy StorageApplication PCTUS2021070894Pending
- Methods And Systems To Control Flow And Heat Transfer Between Subsurface Wellbores Connected Hydraulically By FracturesApplication PCTUS2019046542Pending
- Microseismic Monitoring Of A Horizontal Egs SystemApplication 19612997Pending
- A Method To Determine Wellbore Placement Based On Fracture Orientations And Stress ConditionsApplication 19511251Pending
- Drilling Performance In A Horizontal Egs DevelopmentApplication 19613056Pending
- Enhanced Geothermal SystemApplication PCTUS2024030250Pending
- A Method To Determine Wellbore Placement Based On Fracture Orientations And Stress ConditionsApplication PCTUS2024042357Pending
- Method To Determine Wellbore Placement Based On Fracture Orientations And Stress ConditionsApplication 63532834Pending
- Direct Air Capture Using Geothermal Cooling TowersApplication PCTUS2022044832Pending
- Microseismic Monitoring Of A Horizontal Egs SystemApplication PCTUS2024058914Pending
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Press
Fervo Energy Company (FRVO) Faces Investor Scrutiny Amid Post-IPO Transmission Curtailment Revelation - HBSSPRNewswire This enhanced geothermal project aims to unlock gigawatts of power to fuel the data center boomCNBC
Regulatory activity · Energy
- Air Plan Approval; Michigan; Redesignation and Maintenance Plan for the Partial St. Clair 2010 1-Hour Sulfur Dioxide (SO2) NAAQS Nonattainment AreaEnvironmental Protection Agency
- Air Plan Approval; Delaware; 2006 24-Hour Fine Particulate Matter Limited Maintenance Plan for the Philadelphia Nonattainment AreaEnvironmental Protection Agency
- Air Plan Approval; Oklahoma; Updates to the State Implementation Plan for New Source Review Permitting and General SIP ProvisionsEnvironmental Protection Agency
- List of Approved Spent Fuel Storage Casks: NAC International, Inc., MAGNASTOR® Storage System, Certificate of Compliance No. 1031, Amendment Nos. 16 and 17 and Revisions to Amendment Nos. 0 Through 16Nuclear Regulatory Commission
- Epyrifenacil; Pesticide TolerancesEnvironmental Protection Agency
- Fluoxapiprolin; Pesticide TolerancesEnvironmental Protection Agency
Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .