StoryFunding

Mazama Energy closes $135M Series B led by Centaurus Capital and Doerr Capital, backed by ConocoPhillips and Shell

Mazama Energy

Mazama Energy raised $135M in Series B funding, bringing total raised to $170M+. The round was led by Centaurus Capital and Doerr Capital, with participation from energy majors ConocoPhillips and Shell, as well as returning investors Khosla Ventures and Gates Frontier. Proceeds fund Ceres 15 MW pilot and Taurus 200+ MW deployment planning.

  • Series B led by Centaurus Capital and Doerr Capital (venture/growth firms)
  • New: ConocoPhillips and Shell participation signals energy-major backing
  • Returning: Khosla Ventures, Gates Frontier, plus SiteGround Capital and others
  • Total raised to date: $135M+, funding Ceres and Taurus projects
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