Quaise

company

About

Quaise is an energy company that develops a millimeter-wave drilling technology to access deep geothermal energy.

Details

Last Funding Type
Series A
Last Funding Money Raised
$12M
Industries
Advanced Materials,Clean Energy,Energy,Industrial
Founded date
Jan 1, 2018
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Quaise, Inc.
Also Known As
Quaise Energy

Quaise is an energy company that is developing and commercializing novel millimeter-wave drilling systems to harness geothermal energy around the globe, overcoming the geographic constraints limiting this energy source today. The company was founded in 2018 and is based in Cambridge, Massachusetts.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$70M
Quaise has raised a total of $70M in funding over 2 rounds. Their latest funding was raised on Jun 8, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 8, 2022 Series A $12M 5 TechEnergy Ventures Detail
Feb 8, 2022 Series A $40M 10 Safar Partners Detail
Aug 4, 2021 Series Unknown $12M 1 Nabors Detail
Jun 8, 2020 Seed $6M 4 The Engine Detail

Investors

Number of Lead Investors
Number of Investors
4
14
Quaise is funded by 14 investors. TechEnergy Ventures and Hostplus are the most recent investors.
Investor Name Lead Investor Funding Round
TechEnergy Ventures Yes Series A
Hostplus Series A
Prelude Ventures Series A
Safar Partners Series A
Xplorer Capital Series A
8090 Industries Series A
8090 Partners Series A
Collaborative Fund Series A
Fine Structure Venture Series A
Helium-3 Ventures Series A

Employee Profiles

Number of Employee Profiles
8
Quaise has 8 current employee profiles, including Executive Carlos Araque
Executive
Board member
Executive
Board member
Executive