Mazama Energy
Reinventing Geothermal Energy
United States · $171.0M raised
- Headquarters
- Oregon
- Employees
- 1–10
- Business Model
- B2G
- Website
- mazamaenergy.com
- Total Funding
- $171.0M
- Last Round
- $135.0M Series BSep 2026
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Mazama Energy develops technologies and methods to extract heat from superhot rocks for clean geothermal power. Its initial project targets 200 MW near Oregon's Newberry volcano, where the company completed a first-of-its-kind superhot-rock enhanced geothermal demonstration in 2025. Its MUSE system combines proprietary drilling, Thermal Lattice reservoir technology, and Heat Harvester well-performance modeling to reduce well and water requirements versus conventional engineered geothermal approaches.
Summary
Mazama Energy is a Clean Tech company based in United States. It has raised $171.0M in total across 3 rounds, most recently a $135.0M Series B round in Sep 2026. Investors include U.S. Department of Energy Loan Programs Office, Khosla Ventures and Gates Frontier.
Tech & App Stack
8 technologies & apps tracked
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Funding History
Sep 2026
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Funding: Grant through Series B. Amounts, valuations, and investors where available.
Investors
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