Fermi Inc.
IPOGigawatt Scale Power for Next-Gen AI | Fermi America
Public · Amarillo, United States · Founded 2025 · $175.5M raised
- Headquarters
- Amarillo
- Employees
- 11–50
- Founded
- 2025
- Business Model
- B2B
- Website
- fermiamerica.com
- Total Funding
- $175.5M
- Last Round
- $75.5M Convertible NoteAug 2025
- Rounds
- 2
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 1 investor for this company. The full record is or through the API.
About
Fermi is developing Project Matador, a private power and artificial intelligence campus in the Texas Panhandle built around the needs of hyperscale workloads. The project is designed to deliver gigawatt-scale, behind-the-meter power without relying on a public-grid interconnection queue. Its planned energy mix combines dispatchable gas generation, longer-horizon nuclear baseload, and solar generation with battery storage to support large computing customers.
Summary
Fermi Inc. is a Real Estate company based in Amarillo, United States, founded in 2025. It has raised $175.5M in total across 2 rounds, most recently a $75.5M Convertible Note round in Aug 2025. Investors include Macquarie Capital.
Tech & App Stack
5 technologies & apps tracked
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Funding & Exit History
Oct 2025
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Funding: Series C through Convertible Note. Amounts, valuations, and investors where available.
Investors
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