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June 16, 2025 11 mins
In today's episode, we explore Fervo Energy's $206 million funding boost for its Utah geothermal project and Proxima Fusion's record €130 million Series A round in Europe. Plus, Chime Financial's impressive $700 million IPO debut on Nasdaq. Join us for these stories and more on Simply News Radio. Sources: https://fervoenergy.com/fervo-secures-new-financing-to-accelerate-development/ https://techcrunch.com/2025/06/11/fervo-energy-lands-206m-in-financing-to-build-massive-geothermal-power-plant/ https://carboncredits.com/fervo-energy-secures-206-million-for-u-s-geothermal-ambitions/ https://fervoenergy.com/milestone-moment-for-the-future-of-geothermal/ https://heatmap.news/climate-tech/fervo-206-million https://techcrunch.com/2025/06/10/proxima-fusion-joins-the-club-of-well-funded-nuclear-contenders-with-e130m-series-a/ https://www.ianhogarth.com/blog/2025/6/11/proxima-fusions-series-a-what-does-it-take-for-first-time-founders-to-raise-150m-for-fusion-within-two-years-of-founding https://www.power-technology.com/news/proxima-fusion-secures-150m-financing/ https://www.cleanenergywire.org/news/investors-bet-record-eu130mln-german-fusion-startup-proxima https://www.vestbee.com/blog/articles/proxima-fusion-raises-130-m https://siliconangle.com/2025/06/12/chime-closes-37-nasdaq-debut-raising-700m-ipo/ https://www.investopedia.com/chime-stock-soars-in-trading-debut-11753113 https://www.axios.com/pro/fintech-deals/2025/06/11/chime-700-million-ipo https://techstartups.com/2025/06/12/digital-banking-startup-chime-pops-on-ipo-debut-raises-700m-at-11-6b-valuation/
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