Quaise Energy

Quaise EnergyQuaise Energy
Quaise Energy

Quaise Energy

Developing high-temperature geothermal energy at industrial scale.

2018Active73
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About

Quaise Energy is a company focused on developing high-temperature geothermal energy solutions for industrial-scale deployment. They aim to unlock the potential of deep geothermal energy by using advanced drilling technologies, including gyrotron-based drilling, to access heat sources previously unattainable. This technology allows them to drill through hard rock formations to reach depths of 10-20 kilometers, enabling the extraction of superhot rock geothermal energy, which can provide baseload, carbon-free power and heat.

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Frequently asked

What does Quaise Energy do?

Quaise Energy is a company focused on developing high-temperature geothermal energy solutions for industrial-scale deployment. They aim to unlock the potential of deep geothermal energy by using advanced drilling technologies, including gyrotron-based drilling, to access heat sources previously unattainable. This technology allows them to drill through hard rock formations to reach depths of 10-20 kilometers, enabling the extraction of superhot rock geothermal energy, which can provide baseload,…

How much funding has Quaise Energy raised?

Quaise Energy has raised a total of $134M in funding. The most recent round on record is Series B.

Where is Quaise Energy headquartered?

Quaise Energy is headquartered in Cambridge, Massachusetts, USA.

When was Quaise Energy founded?

Quaise Energy was founded in 2018.

What industry does Quaise Energy operate in?

Quaise Energy operates in Energy, Cleantech, Deep Geothermal, Climate Tech, Clean Energy, Advanced Geothermal.

How many employees does Quaise Energy have?

Quaise Energy has approximately 73 people on record.

What is Quaise Energy's revenue?

StartupHub estimates Quaise Energy's annual revenue at $49.4M (range $27.2M to $134.2M, 71% confidence), based on comparable companies in the sector.

What is Quaise Energy's valuation?

StartupHub estimates Quaise Energy's effective valuation at $525.3M (range $335.0M to $804.0M, 16% confidence), based on comparable companies in the sector.