Khosla-backed Mazama Energy just raised $135M to drill deeper into superhot-rock geothermal
Mazama Energy raised $135 million to advance its superhot-rock geothermal drilling technology. The startup aims to reach depths of three miles to tap energy sources capable of generating 15 MW of electricity per well. The funding round was supported by Khosla Ventures.
Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.
READ NEXT
More on the wire
FROM THE PUBLISHER
A digital traffic display on one of Los Angeles’ busiest freeways was hacked to promote a menacing website targeting enemies of Iran’s Islamic regime – a chilling breach that has put Iranian dissidents in the city on edge. Passersby spotted the sign on the 405 Freeway near Persian Square in Westwood blaring the web address...
FROM THE PUBLISHER
Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng huddled in the newly minted JPMorgan Chase & Co. headquarters in midtown Manhattan to discuss trade and other pressing matters.
FROM THE PUBLISHER
Carney said the countries will task their space agencies and defense ministries to develop and share infrastructure, including launch systems and ground-based reception facilities. They also agreed to expand cooperation in energy, telecommunications, climate resilience and economic development.