Series BMazama Energy
Mazama Energy Secures $135 Million In Series B Funding To Advance Geothermal Systems
Mazama Energy, a geothermal startup developing enhanced geothermal systems in superhot rock, raised $135 million in an oversubscribed Series B to advance horizontal wells capable of generating up to 15 MW each. The Or…
By TradedVC Editorial1 min read
Mazama Energy, a geothermal startup developing enhanced geothermal systems in superhot rock, raised $135 million in an oversubscribed Series B to advance horizontal wells capable of generating up to 15 MW each. The Oregon-based company plans to begin generating electricity next year and says its first site could ultimately produce 10 GW, with a goal of reaching 200 MW by 2030.
FOUNDER: Sriram Vasantharajan
AMOUNT: $135,000,000
HQ: Frisco, Texas
#VentureCapital #MazamaEnergy #SriramVasantharajan #TradedVC
ABOUT THE DEAL
- Raise
- $135M
- Round
- Series B
- Company
- Mazama Energy
- Desk
- Deals
- Filed
- Sep 18, 2026 · 8:30 PM
- Founders
- Sriram Vasantharajan
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