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Geothermal unicorn Fervo Energy may IPO as early as next year | TechCrunch

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78% Informative

Geothermal startup Fervo Energy is reportedly eyeing an IPO in the next two years .

The company raised $244 million in February 2024 and another $255 million in December .

CEO Tim Latimer says there's a "huge hunger in the public markets to figure out, how are we going to solve the power demand story?" The company is working with Google on a geothermal power plant.

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