Quaise Energy
Latest round
- Series B
Last raised
- Jun 2026
Total raised
- $217M
Investors
- 14
About Quaise Energy
Quaise Energy, Inc. is a pioneering company specializing in geothermal energy solutions, focusing on ultra-deep drilling technologies to access geothermal resources efficiently. Founded in 2018 by its CEO and President, Carlos Araque, and Matt Houde and headquartered in Cambridge, US, Quaise Energy, Inc. is dedicated to developing advanced geothermal energy solutions. In August 2026, Quaise Energy, Inc. Quaise Energy specializes in innovative geothermal energy solutions, primarily focusing on ultra-deep drilling technologies to access vast geothermal resources. Their core offering combines conventional rotary drilling methods with advanced high-power millimeter wave technology, enabling drilling to depths of up to 20 kilometers to harness superhot geothermal energy, reaching temperatures up to 500°C. This unique approach positions Quaise Energy to tap into the largest untapped energy source globally, addressing the critical need for clean and abundant energy to power civilization sustainably. The company targets various geographical markets, particularly regions rich in geothermal potential, such as the United States, parts of Europe, and several emerging economies where energy independence is a priority.Quaise Energy’s revenue model centers around B2B transactions, primarily involving partnerships with energy companies and utilities looking to incorporate geothermal solutions into their energy portfolios. The company engages clients through long-term agreements, providing access to its proprietary drilling technologies and associated geothermal energy systems. Revenue is generated from service contracts for drilling operations, licensing of technology, and potentially revenue-sharing models based on energy produced. Flagship offerings, such as the hybrid drilling rig and enhanced geothermal systems, form the basis of these transactions, positioning Quaise Energy as a key player in the renewable energy sector.
Who invested in Quaise Energy
14 investors across 5 rounds
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Questions about Quaise Energy
Who invested in Quaise Energy?
Quaise Energy has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Quaise Energy raised?
Quaise Energy has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Quaise Energy last raise money?
Quaise Energy's most recent round on record is a Series B, in Jun 2026.
What does Quaise Energy do?
Quaise Energy is a renewable energy company.
Where is Quaise Energy headquartered?
Quaise Energy is headquartered in Houston, US.
Which VCs invest in companies like Quaise Energy?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Quaise Energy's stage. Their profiles are linked below.
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