Mazama Energy Secures $135 Million for Superhot Rock Geothermal Exploration

2026-09-25

Geothermal startup Mazama has raised $135 million to advance its superhot rock energy extraction technology. The company aims to drill up to three miles underground to access geothermal resources.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Geothermal startup Mazama has secured $135 million in funding. This capital will be used to advance its technology for extracting superhot rock geothermal energy by drilling wells up to three miles deep.

Key facts

Mazama Energy has announced a $135 million funding round.
The company is developing superhot rock geothermal energy technology.
Mazama plans to drill wells up to three miles deep to access geothermal resources.
One well is projected to generate 15 megawatts of electricity continuously.
The investment indicates ongoing interest in advanced geothermal energy solutions.

Source: TechCrunch

Reported by VERA Newswire.