Mazama Energy
PrivateLast Round
Series B
Sep 17, 2026
Est. Valuation
$76.5M
Total Funding Raised
$191M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Mazama Energy operates in Energy & Sustainability and is based in Frisco, Texas. Its latest recorded funding round was a Series B round in September 2026.
Mazama Energy is a geothermal energy company that develops technologies and methods for extracting heat from superhot rocks to produce clean power.
Sector
Energy & Sustainability
Verticals
Renewable Energy, Smart Grid
Business Model
B2B
Customer Profile
Government Contracts, Services & Consulting
AI Layer
Non-AI
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Mazama Energy Comparables
Compare Mazama Energy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Sage Geosystems | 85% | |
| AltaRock Energy | 82% | |
| XGS Energy | 81% |
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Mazama Energy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Sep 17, 2026 | ||||
| Early Funding | Apr 15, 2026 | ||||
| Series A | Oct 28, 2025 | ||||
| Grant | Nov 21, 2024 |
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Key People
Founding team and executive leadership
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Mazama Energy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| H. Barton Asset Management | Series B |
| Khosla Ventures | Series B, Series A |
| Doerr Capital | Series B |
| SiteGround Capital | Series B |
| Shell Ventures | Series B |
| Department of Energy | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 25, 2026
Grew 68% QoQ, from 22 to 37 employees.
- Sep 17, 2026
$135M round with participation from Khosla Ventures and Shell Ventures.
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Recent news
Latest coverage and updates
- receives_financingSep 18, 2026
Mazama Energy, Inc. announced $135M in new capital, including an oversubscribed Series B led by Centaurus Capital and Doerr Capital, with participation from ConocoPhillips, Shell Ventures, Khosla Ventures and Gates Frontier, to accelerate superhot rock geothermal commercial development in Texas on Sep 17th '26.
- is_developingSep 18, 2026
Mazama Energy, Inc. develops enhanced geothermal systems in Texas to extract heat from superhot rock for utility-scale, carbon-free baseload power and currently drills its second well, Project Athena, at Newberry on Sep 18th '26.
- expands_facilitiesSep 18, 2026
Mazama Energy, Inc. will expand facilities to Oregon, United States, Northern America, Americas on Jul 1st '27.
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Mazama Energy Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Mazama Energy's valuation, stock price, and market status.
Is Mazama Energy a public or private company?
Mazama Energy is a private company.
What is the current stock price of Mazama Energy?
Mazama Energy is a private company, so its shares have no public market price. Caplight tracks Mazama Energy's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Mazama Energy worth (valuation)?
Mazama Energy's valuation is estimated at $76.5M based on funding round data.
Can I buy Mazama Energy stock?
Mazama Energy shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Mazama Energy's last funding round?
Mazama Energy's most recent funding round was Series B on September 17, 2026.
Who are the main investors in Mazama Energy?
Key investors in Mazama Energy include Khosla Ventures, Doerr Capital.
Will Mazama Energy IPO soon?
No public IPO plans have been announced for Mazama Energy.
How can I track Mazama Energy secondary market activity?
Caplight tracks bids, offers, and trades in Mazama Energy's shares on secondary markets.