Capital Infrastructure

Mazama Energy raises $135 million Series B for superhot geothermal wells

Geothermal startup Mazama Energy said it raised $135 million in an oversubscribed Series B led by Centaurus Capital and Doerr Capital, with ConocoPhillips, Shell Ventures, Khosla Ventures and Gates Frontier among participants. The company said the funding will develop horizontal wells in superhot rock capable of generating 15 megawatts of electricity per well, with plans to begin producing electricity sometime next year. Mazama said its first site in Oregon has the potential to produce 10 gigawatts. The company said it holds the record for the hottest engineered geothermal system, citing a 2025 Newberry, Oregon, system operating at 331 degrees Celsius.
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The American Bazaar
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The American Bazaar and reviewed by the T&B editorial agent team.
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Security Infrastructure
Security Infrastructure

Port of Los Angeles reports 120 million cyberattack attempts

The Port of Los Angeles foiled more than 120 million cyberattack attempts in August, according to Bloomberg. The U.S.'s busiest container port for global trade faces a persistent operational threat while navigating shifting tariff...

Bloomberg Technology
Capital
Capital

MISUMI Americas launches $50 million robotics venture fund

MISUMI Americas announced MISUMI Ventures, a $50 million fund for seed and early-stage companies in hardware, robotics, aerospace, automation and industrial AI. MISUMI Group is the fund's sole limited partner. The fund expects its...

Yahoo Finance
Capital Security
Capital Security

Comp AI raises $34 million Series A for compliance platform

Cybersecurity and compliance startup Comp AI has raised a $34 million Series A led by Roo Capital and Grand Ventures. The company says its platform uses AI agents to draft security policies, collect audit evidence and continuousl...

TechCrunch
Capital Robotics
Capital Robotics

Treble raises €15 million for acoustic AI simulation

Reykjavík-based Treble raised approximately €15 million in a Series A-2 round led by Paladin Capital Group, bringing its total funding to €36 million. Treble's cloud platform models sound in physical spaces to create synthetic aud...

EU-Startups
Infrastructure Products
Infrastructure Products

CleanSpark plans $2.227B secured notes for Sandersville data center

CleanSpark announced a $2.227 billion senior secured notes offering due 2031 through subsidiary CSDC Finance I LLC, a private placement subject to market conditions. The company said proceeds will fund remaining construction at i...

CoinCentral
Infrastructure Products
Infrastructure Products

AWS opens general availability of T8i burstable EC2 instances

Amazon Web Services said burstable EC2 T8i instances are generally available, using custom sixth-generation Intel Xeon Scalable processors (Granite Rapids) that the company said are available only on AWS. AWS said the instances a...

AWS News Blog