Enhanced geothermal startup Fervo Energy surged 33% in its IPO debut, with the deal reportedly upsized multiple times after potential investors questioned why it wasn’t already raising more capital. The company’s pitch resonated as growing AI data center demand increases pressure for reliable, large-scale power—turning geothermal into a fresh growth story.
Altara has raised $7M to tackle a stubborn bottleneck in physical sciences: fragmented data trapped in spreadsheets and legacy systems. Its AI platform is designed to unify these sources and diagnose failures, helping teams accelerate experiments and R and D cycles. The goal is faster learning by making scientific workflows more data connected and actionable.
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Seattle startup CopilotKit has reportedly raised a $27M Series A to help developers deploy app-native AI agents. The round is said to be led by Glilot Capital with participation from NFX and SignalFire, according to TechCrunch’s reporting. The funding underscores growing demand for tools that move beyond chatbots toward agents embedded in real applications.
Enhanced geothermal startup Fervo Energy is preparing for an IPO that could raise up to $1.3 billion and value the company at as much as $6.5 billion. The market debut underscores growing investor appetite for renewable energy technologies that aim to deliver steady, dispatchable power beyond intermittent solar and wind.
Robinhood’s Ventures Fund I is investing $75 million in OpenAI, the maker of ChatGPT. The deal is designed to help retail investors gain exposure to private technology companies, not just public markets. It also hints that earlier tensions between Robinhood and OpenAI are now resolved, as generative AI continues to dominate investor and media attention.
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