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Mazama Energy raised $135 million in a series b round led by Centaurus Capital and Doerr Capital, announced Sept. 16.

Facts

Amount
$135 million
Currency
USD
Stage
Series B
Announced
Sep 16, 2026

Investors

Use of funds

Develop horizontal wells in superhot rocks capable of generating 15 megawatts of electricity per well.

As stated by the company.

Sources

  1. 1.Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal — TechCrunch Startups, Sep 18, 2026

Public sources — Collected from public sources, not yet cross-checked.Last verified Oct 15, 2026