Khosla-backed Mazama Energy raises $135M to drill deeper into super-hot-rock geothermal
Mazama Energy closed an oversubscribed $135M Series B led by Centaurus Capital and Doerr Capital, accelerating superhot rock geothermal development at Newberry, Oregon with 10x power potential at 400°C.
The capital funds Project Ceres toward 15 MWe per well by 2027 and certification of 10+ GWe resource potential — potentially reshaping clean baseload power with 10x density and 75% less water.
