Quaise Energy
Quaise Energy is developing terawatt-scale geothermal energy solutions using millimeter-wave drilling technology. Their technology allows for accessing deep geothermal resources, significantly increasing energy output compared to conventional methods. This provides a scalable and sustainable source of clean baseload power.
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Funding Round: Series A1
Funding Amount: $21M
Date: 12-Mar-2024
Investors: Prelude Ventures, Safar Partners, Mitsubishi Corporation, Standard Investments
Markets: Clean Energy, Geothermal Energy, Advanced Materials, Industrial
HQ: Cambridge, Massachusetts, United States
Founded: 2018
Website: https://www.quaise.energy/
LinkedIn: https://www.linkedin.com/company/quaise-energy
Twitter: https://twitter.com/Quaise_Energy
Crunchbase: https://www.crunchbase.com/organization/quaise
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