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Quaise Energy Expands Series A To $52M To Unlock Terawatt-Scale Geothermal Energy

Jun 08, 2022about 3 years ago

Round Type

series a

Description

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.

Company Information

Company

Quaise Energy