Khosla-backed Mazama Energy just raised $135M to drill deeper into super-hot-rock geothermal

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: TechCrunch

What happened

Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.

Key facts

  • Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.
  • Reported by TechCrunch and published Fri, 18 Sep 2026 00:02:36 UTC.

Why it matters

Platform, chip and AI decisions set the terms other companies have to build on, so a single announcement here tends to ripple through products, supply chains and regulation.

What to watch next

  • Availability, pricing and rollout regions
  • Independent testing or verification of the claims made
  • Responses from regulators and competing platforms

Sources

The original report was published by TechCrunch. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at TechCrunch

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