Quaise Energy Expands Series A To $52M To Unlock Terawatt-Scale Geothermal Energy
Round Type
Series A
CambridgeEnergyDescription
Quaise Energy, Inc. (“Quaise Energy” or the “Company”), the company unlocking terawatt-scale geothermal, announced today that it expanded its Series A financing round from $40M to $52M. The $12M incremental round was led by TechEnergy Ventures, the Corporate Venture Capital group within the Energy Transition Division of Tecpetrol, which is a part of the Techint Group. HostPlus, Prelude Ventures, Safar Partners and Xplorer Capital also participated in this financing.
Quick answer
Quaise Energy, Inc. raised an undisclosed amount in a Series A round, dated June 8, 2022. Quaise Energy, Inc. is based in Cambridge, Massachusetts, United States.
- How much did Quaise Energy, Inc. raise?
- Quaise Energy, Inc. raised an undisclosed amount in a Series A round on June 8, 2022.
- What does Quaise Energy, Inc. do?
- Quaise develops millimeter wave drilling systems for deep geothermal heat access.
- Where is Quaise Energy, Inc. based and how big is it?
- Quaise Energy, Inc. is based in Cambridge, Massachusetts, United States.
- Who are the decision-makers at Quaise Energy, Inc?
- Fundz holds 5 contacts at Quaise Energy, Inc., including the Head of Strategic Finance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy around the same time
Companies in the same sectors as Quaise Energy, Inc. that raised within 45 days of this round, from Fundz verified event records.
- Innago raised $4M (Seed) on July 23, 2022.
- Koloma, Inc raised $56M on July 22, 2022.
- Enzo Life Sciences raised $3M (Seed) on July 22, 2022.
- Bedrock Energy raised $5.3M on July 22, 2022.
- Nokomis Energy raised $1.8M (Seed) on July 21, 2022.
- Soluna Holdings raised an undisclosed amount (Series B) on July 20, 2022.
Who to call at Quaise Energy, Inc., and when
A new round usually means Quaise Energy, Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Quaise Energy, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Quaise Energy, Inc., from your own LinkedIn network
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Funding Insights
What this usually meansQuaise Energy, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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