Tag

#geothermal energy

2 articles

The bottleneck in geothermal moved from the drill to the turbine. This SpaceX alum raised $22M to fix it

Critical Energy, a Los Angeles startup founded by a former SpaceX engineer, has raised $22 million to advance modular geothermal technology. The company aims to tackle the energy challenges of powering AI systems by focusing on reliable, on-demand geothermal power.

Jun 1715

business

Bill Gates’s backed Fervo Energy raises IPO target to $1.82bn on $7.4bn

Fervo Energy raises its IPO target to $1.82 billion, driven by demand for clean baseload power from AI data centers and strong investor confidence.

May 1137