Overview
News
Salaries
Products
People
Growth
Offices
Financials
Funding and backers
Total raised
$135M
1 round on record
Latest round
$135M
Venture round · Sep 2026 · this month
Team
11-50
employees, estimated range
Backers
1
Khosla Ventures
The money's age
Fresh money
0 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Sep 17
Raised a round Venture round $135M
Oct 28, 2025
Launched Mazama Energy Unveils the World's Hottest Enhanced Geothermal System, Paving the Way for Affordable Clean Power on a Global Scale · globenewswire
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Sep 2026 | $135M | — | canarymedia.com |
Backed byfrom the funds' portfolios and accelerator catalogs
Investors in similar startupsfunds that back the companies most like this one
Similar startupsby what they do, their industry and backers

XGS provides Clean, Round-the-Clock Energy Everywhere, Forever. Our proprietary solid-state geothermal system uses thermally conductive…

POWER ANYWHERE. Empowering energy providers to create thriving, electrified communities.

Sovereign AI for federated health data. Health discoveries & decisions proven at 275M+ patient scale. Nothing moves. Everything works.

Autonomous downhole drilling control (NexTitan) cuts drilling costs 40%, eliminates stick-slip, boosts production in geothermal, oil & gas…

Connect, manage, and scale your devices effortlessly with Hologram—the most reliable and flexible global IoT solution for seamless…

Always on AI Interviews that keep you in control, at enterprise scale.
Overview
Superhot rock geothermal, proven at 629 degrees F, with the potential to deliver gigawatt-scale, always-on power, anywhere.
News
Mazama Energy Raises $135 Million to Scale the World's Hottest Engineered Geothermal System
Mazama Energy Raises $135 Million to Scale the World's Hottest Engineered Geothermal System...
Read more
Report
Mazama Energy Superhot Rock Drilling Performance Milestone Signals a Turning Point for Engineered Geothermal System Economics
Mazama Energy today announced that its second geothermal well, Athena, at Newberry, Oregon, reached a depth of 10,350 feet in 15 drilling days....
Read more
Report
Meet the Technology Pioneers driving innovation in 2026
The Forum has announced its latest cohort of Technology Pioneers. Here's what they tell us about innovation, entrepreneurship and frontier technology.
Read more
Report
Mazama Energy Unveils the World's Hottest Enhanced Geothermal System, Paving the Way for Affordable Clean Power on a Global Scale
Mazama Energy announced today the creation of the world's hottest Enhanced Geothermal System....
Read more
Report
Heat Beneath Our Feet: Q&A With Gabrijel Grubac on Unlocking Geothermal Potential
Gabrijel Grubac explores his journey from discovering his passion for energy in the Libyan desert to becoming a leader in geothermal innovation.
Read more
Report
Mazama Energy Awarded Grant by U.S. Department of Energy for Superhot Rock Geothermal Demonstration Project
Mazama Energy, Inc. (Mazama Energy) is pleased to announce that it has been awarded a grant by the U.S. Department of Energy's (DOE) Geothermal Technologies ...
Read more
Report
Mazama Energy, Inc. Begins New Geothermal Demonstration Project at Newberry Volcano
Mazama Energy, Inc. announced the start of work on a new demonstration project at the Newberry Geothermal site to test the feasibility of creating a
Read more
Report
Financials
Total raised
$135M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2026 | $135M | Details |

Khosla Ventures 




