Fervo Energy (FRVO): DCVC-linked investors disclose 6.3% ownership stake

Rhea-AI Filing Summary

Fervo Energy Company has a significant shareholder group led by DCVC-affiliated investment funds and their managing members. DCVC VI, L.P. reports beneficial ownership of 9,307,915 shares of Class A common stock, representing 3.2% of the class. DCVC Climate Select, L.P. reports beneficial ownership of 8,806,107 shares, or 3.1% of the class. Through their roles as managing members of the general partners of these funds, Matthew Ocko and Zachary Bogue may each be deemed to share voting and dispositive power over an aggregate of 18,114,022 shares, representing 6.3% of the Class A common stock. The filing details how voting and dispositive powers are allocated among the funds, their general partners, and the two individuals, and includes a joint filing agreement covering all reporting persons.

Key Figures

Shares owned by DCVC VI, L.P.: 9,307,915 shares Ownership percentage of DCVC VI, L.P.: 3.2% Shares owned by DCVC Climate Select, L.P.: 8,806,107 shares +3 more

6 metrics

Shares owned by DCVC VI, L.P. 9,307,915 shares Beneficially owned Class A common stock; 3.2% of the class

Ownership percentage of DCVC VI, L.P. 3.2% Percent of Fervo Energy Class A common stock

Shares owned by DCVC Climate Select, L.P. 8,806,107 shares Beneficially owned Class A common stock; 3.1% of the class

Ownership percentage of DCVC Climate Select, L.P. 3.1% Percent of Fervo Energy Class A common stock

Aggregate shares for Ocko and Bogue 18,114,022 shares Shares over which each may be deemed to share power; 6.3% of class

Ownership percentage for Ocko and Bogue 6.3% Deemed beneficial ownership of Fervo Energy Class A common stock

Key Terms

beneficial ownership, shared voting power, dispositive power, Agreement of Joint Filing, +1 more

5 terms

beneficial ownership financial

"may be deemed to have indirect beneficial ownership of shares of the issuer"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

shared voting power financial

"may be deemed to have shared voting power with respect to such shares"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

dispositive power financial

"may be deemed to have shared dispositive power with respect to such shares"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Agreement of Joint Filing regulatory

"Agreement of Joint Filing The undersigned hereby agree that a single"

Schedule 13G regulatory

"hereby agree that a single (or any amendment thereto) relating to the Class A"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

How many Fervo Energy (FRVO) shares does DCVC VI, L.P. beneficially own?

DCVC VI, L.P. beneficially owns 9,307,915 shares of Fervo Energy Class A common stock, representing 3.2% of the class. Voting and dispositive power may also be attributed to its general partner and managing members as described in the filing.

What stake in Fervo Energy (FRVO) is reported by DCVC Climate Select, L.P.?

DCVC Climate Select, L.P. reports beneficial ownership of 8,806,107 shares of Fervo Energy Class A common stock, or 3.1% of the class. Its general partner and associated managing members may share voting and dispositive power over these shares.

What aggregate ownership in Fervo Energy (FRVO) is attributed to Matthew Ocko?

Matthew Ocko may be deemed to share beneficial ownership of 18,114,022 shares of Fervo Energy Class A common stock, representing 6.3% of the class. This reflects his role as managing member of the general partners of DCVC VI and DCVC Climate Select.

What aggregate ownership in Fervo Energy (FRVO) is attributed to Zachary Bogue?

Zachary Bogue may be deemed to share beneficial ownership of 18,114,022 shares of Fervo Energy Class A common stock, or 6.3% of the class. This stake arises through his managing member roles at the funds’ general partners.

What does the Schedule 13G for Fervo Energy (FRVO) disclose about voting power?

The Schedule 13G discloses that DCVC funds and their general partners have sole and shared voting power over their respective holdings, while Matthew Ocko and Zachary Bogue may be deemed to have shared voting and dispositive power over an aggregate 18,114,022 shares.

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Available on EDGAR 08/14/2026 - 04:08 PM Accepted by SEC EDGAR 08/14/2026 - 04:05 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Fervo Energy Company

(Name of Issuer)

Class A Common Stock

(Title of Class of Securities)

31556C106

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 31556C106

1

Names of Reporting Persons

DCVC VI, L.P. ("DCVC VI")

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,307,915.00
6	Shared Voting Power 9,307,915.00
7	Sole Dispositive Power 9,307,915.00
8	Shared Dispositive Power 9,307,915.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,307,915.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.2 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Note to Row 5: 9,307,915 shares, except that DCVC VI GP, LLC ("DCVC VI GP"), the general partner of DCVC VI, may be deemed to have sole voting power with respect to such shares, and Matthew Ocko ("Ocko") and Zachary Bogue ("Bogue"), the managing members of DCVC VI GP, may be deemed to have shared voting power with respect to such shares. Note to Row 6: See response to row 5. Note to Row 7: 9,307,915 shares, except that DCVC VI GP, the general partner of DCVC VI, may be deemed to have sole dispositive power with respect to such shares, and Ocko and Bogue, the managing members of DCVC VI GP, may be deemed to have shared dispositive power with respect to such shares. Note to Row 8: See response to row 7.

SCHEDULE 13G

CUSIP Number(s): 31556C106

1

Names of Reporting Persons

DCVC VI GP, LLC ("DCVC VI GP")

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 9,307,915.00
6	Shared Voting Power 9,307,915.00
7	Sole Dispositive Power 9,307,915.00
8	Shared Dispositive Power 9,307,915.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

9,307,915.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.2 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Note to Row 5: 9,307,915 shares, all of which are held by DCVC VI, L.P. ("DCVC VI"), for whom DCVC VI GP serves as general partner, except that Matthew Ocko ("Ocko") and Zachary Bogue ("Bogue"), the managing members of DCVC VI GP, may be deemed to have shared voting power with respect to such shares. Note to Row 6: See response to row 5. Note to Row 7: 9,307,915 shares, all of which are held by DCVC VI, for whom DCVC VI GP serves as general partner, except that Ocko and Bogue, the managing members of DCVC VI GP, may be deemed to have shared dispositive power with respect to such shares. Note to Row 8: See response to row 7.

SCHEDULE 13G

CUSIP Number(s): 31556C106

1

Names of Reporting Persons

DCVC Climate Select, L.P. ("DCVC CS")

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,806,107.00
6	Shared Voting Power 8,806,107.00
7	Sole Dispositive Power 8,806,107.00
8	Shared Dispositive Power 8,806,107.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,806,107.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.1 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: Note to Row 5: 8,806,107 shares, except that DCVC Climate Select GP, LLC ("DCVC CS GP"), the general partner of DCVC CS, may be deemed to have sole voting power with respect to such shares, and Matthew Ocko ("Ocko") and Zachary Bogue ("Bogue"), the managing members of DCVC CS GP, may be deemed to have shared voting power with respect to such shares. Note to Row 6: See response to row 5. Note to Row 7: 8,806,107 shares, except that DCVC CS GP, the general partner of DCVC CS, may be deemed to have sole dispositive power with respect to such shares, and Ocko and Bogue, the managing members of DCVC CS GP, may be deemed to have shared dispositive power with respect to such shares. Note to Row 8: See response to row 7.

SCHEDULE 13G

CUSIP Number(s): 31556C106

1

Names of Reporting Persons

DCVC Climate Select GP, LLC ("DCVC CS GP")

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 8,806,107.00
6	Shared Voting Power 8,806,107.00
7	Sole Dispositive Power 8,806,107.00
8	Shared Dispositive Power 8,806,107.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,806,107.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.1 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Note to Row 5: 8,806,107 shares, all of which are held by DCVC Climate Select, L.P. ("DCVC CS"), for whom DCVC CS GP serves as general partner, except that Matthew Ocko ("Ocko") and Zachary Bogue ("Bogue"), the managing members of DCVC CS GP, may be deemed to have shared voting power with respect to such shares. Note to Row 6: See response to row 5. Note to Row 7: 8,806,107 shares, all of which are held by DCVC CS, for whom DCVC CS GP serves as general partner, except that Ocko and Bogue, the managing members of DCVC CS GP, may be deemed to have shared dispositive power with respect to such shares. Note to Row 8: See response to row 7.

SCHEDULE 13G

CUSIP Number(s): 31556C106

1

Names of Reporting Persons

Zachary Bogue ("Bogue")

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 18,114,022.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 18,114,022.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,114,022.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Note to Row 6: 18,114,022 shares, consisting of (i) 9,307,915 shares held by DCVC VI, L.P. ("DCVC VI"), for which DCVC VI GP, LLC ("DCVC VI GP") serves as general partner, and (ii) 8,806,107 shares held by DCVC Climate Select, L.P. ("DCVC CS"), for which DCVC Climate Select GP, LLC ("DCVC CS GP") serves as general partner. Bogue, as a managing member of each of DCVC VI GP and DCVC CS GP, may be deemed to have shared voting power with respect to such shares. Note to Row 8: 18,114,022 shares, consisting of (i) 9,307,915 shares held by DCVC VI, for which DCVC VI GP serves as general partner, and (ii) 8,806,107 shares held by DCVC CS, for which DCVC CS GP serves as general partner. Bogue, as a managing member of each of DCVC VI GP and DCVC CS GP, may be deemed to have shared dispositive power with respect to such shares.

SCHEDULE 13G

CUSIP Number(s): 31556C106

1

Names of Reporting Persons

Matthew Ocko ("Ocko")

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 18,114,022.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 18,114,022.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

18,114,022.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.3 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: Note to Row 6: 18,114,022 shares, consisting of (i) 9,307,915 shares held by DCVC VI, L.P. ("DCVC VI"), for which DCVC VI GP, LLC ("DCVC VI GP") serves as general partner, and (ii) 8,806,107 shares held by DCVC Climate Select, L.P. ("DCVC CS"), for which DCVC Climate Select GP, LLC ("DCVC CS GP") serves as general partner. Ocko, as a managing member of each of DCVC VI GP and DCVC CS GP, may be deemed to have shared voting power with respect to such shares. Note to Row 8: 18,114,022 shares, consisting of (i) 9,307,915 shares held by DCVC VI, for which DCVC VI GP serves as general partner, and (ii) 8,806,107 shares held by DCVC CS, for which DCVC CS GP serves as general partner. Ocko, as a managing member of each of DCVC VI GP and DCVC CS GP, may be deemed to have shared dispositive power with respect to such shares.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Fervo Energy Company
(b)	Address of issuer's principal executive offices: 811 Main Street, Suite 1700, Houston, TX 77002
Item 2.
(a)	Name of person filing: DCVC VI, L.P., a Delaware limited partnership ("DCVC VI"), DCVC VI GP, LLC, a Delaware limited liability company ("DCVC VI GP"), DCVC Climate Select, L.P., a Delaware limited partnership ("DCVC CS"), DCVC Climate Select GP, LLC, a Delaware limited liability company ("DCVC CS GP"), Matthew Ocko ("Ocko") and Zachary Bogue ("Bogue"). The foregoing entities and individuals are collectively referred to as the "Reporting Persons." DCVC VI GP is the general partner of DCVC VI, and may be deemed to have indirect beneficial ownership of shares of the issuer directly owned by DCVC VI. DCVC CS GP is the general partner of DCVC CS, and may be deemed to have indirect beneficial ownership of shares of the issuer directly owned by DCVC CS. Ocko and Bogue are the managing members of each of DCVC VI GP and DCVC CS GP and may be deemed to have indirect beneficial ownership of shares of the issuer directly owned by DCVC VI and DCVC CS.
(b)	Address or principal business office or, if none, residence: The address for each of the Reporting Persons is: 270 University Avenue, Palo Alto, CA 94301
(c)	Citizenship: DCVC VI and DCVC CS are Delaware limited partnerships. DCVC VI GP and DCVC CS GP are Delaware limited liability companies. Ocko and Bogue are United States citizens.
(d)	Title of class of securities: Class A Common Stock
(e)	CUSIP Number(s): 31556C106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See Row 9 of cover page for each Reporting Person.
(b)	Percent of class: See Row 11 of cover page for each Reporting Person.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See Row 5 of cover page for each Reporting Person.
	(ii) Shared power to vote or to direct the vote: See Row 6 of cover page for each Reporting Person.
	(iii) Sole power to dispose or to direct the disposition of: See Row 7 of cover page for each Reporting Person.
	(iv) Shared power to dispose or to direct the disposition of: See Row 8 of cover page for each Reporting Person.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Under certain circumstances set forth in the limited partnership agreements of DCVC VI and DCVC CS, and the limited liability company agreements of DCVC VI GP and DCVC CS GP, the general and limited partners or members, as the case may be, of each of such entities may be deemed to have the right to receive dividends from, or the proceeds from the sale of, shares of the issuer owned by each such entity of which they are a partner or member, as the case may be.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DCVC VI, L.P. ("DCVC VI")

Signature:	/s/ Matthew Ocko
Name/Title:	Matthew Ocko, Managing Member of the General Partner
Date:	08/14/2026

Signature:	/s/ Zachary Bogue
Name/Title:	Zachary Bogue, Managing Member of the General Partner
Date:	08/14/2026

DCVC VI GP, LLC ("DCVC VI GP")

Signature:	/s/ Matthew Ocko
Name/Title:	Matthew Ocko, Managing Member
Date:	08/14/2026

Signature:	/s/ Zachary Bogue
Name/Title:	Zachary Bogue, Managing Member
Date:	08/14/2026

DCVC Climate Select, L.P. ("DCVC CS")

Signature:	/s/ Matthew Ocko
Name/Title:	Matthew Ocko, Managing Member of the General Partner
Date:	08/14/2026

Signature:	/s/ Zachary Bogue
Name/Title:	Zachary Bogue, Managing Member of the General Partner
Date:	08/14/2026

DCVC Climate Select GP, LLC ("DCVC CS GP")

Signature:	/s/ Matthew Ocko
Name/Title:	Matthew Ocko, Managing Member
Date:	08/14/2026

Signature:	/s/ Zachary Bogue
Name/Title:	Zachary Bogue, Managing Member
Date:	08/14/2026

Zachary Bogue ("Bogue")

Signature:	/s/ Zachary Bogue
Name/Title:	Zachary Bogue
Date:	08/14/2026

Matthew Ocko ("Ocko")

Signature:	/s/ Matthew Ocko
Name/Title:	Matthew Ocko
Date:	08/14/2026

Exhibit Information

EXHIBIT A Agreement of Joint Filing The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Class A Common Stock of Fervo Energy Company shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an exhibit to such Schedule 13G. Date: August 14, 2026 DCVC VI, L.P. By: DCVC VI GP, LLC Its: General Partner By: /s/ Matthew Ocko Name: Matthew Ocko Title: Managing Member By: /s/ Zachary Bogue Name: Zachary Bogue Title: Managing Member DCVC VI GP, LLC By: /s/ Matthew Ocko Name: Matthew Ocko Title: Managing Member By: /s/ Zachary Bogue Name: Zachary Bogue Title: Managing Member DCVC Climate Select, L.P. By: DCVC Climate Select GP, LLC Its: General Partner By: /s/ Matthew Ocko Name: Matthew Ocko Title: Managing Member By: /s/ Zachary Bogue Name: Zachary Bogue Title: Managing Member DCVC Climate Select GP, LLC By: /s/ Matthew Ocko Name: Matthew Ocko Title: Managing Member By: /s/ Zachary Bogue Name: Zachary Bogue Title: Managing Member MATTHEW OCKO By: /s/ Matthew Ocko Name: Matthew Ocko ZACHARY BOGUE By: /s/ Zachary Bogue Name: Zachary Bogue