# Quaise Energy

**Source:** https://www.startuphub.ai/startups/quaise-energy
**Profile type:** Startup

> Developing high-temperature geothermal energy at industrial scale.

## 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.

## Key facts

- **Slug:** quaise-energy
- **Website:** https://www.quaise.com/
- **Location:** Cambridge, Massachusetts, USA
- **Founded:** 2018-01-01
- **Employees:** 73
- **Operating status:** Active
- **Total funding:** $134M
- **Sectors / tags:** Energy, Cleantech, Deep Geothermal, Climate Tech, Clean Energy, Advanced Geothermal, Energy Storage, Industrial Automation, Drilling Technology, Hardware
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/quaise-energy/
  - Twitter: https://twitter.com/QuaiseEnergy

## 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,…

### What is Quaise Energy's revenue?

StartupHub estimates Quaise Energy's annual revenue at $45.3M (range $24.7M to $129.0M, 71% confidence), based on comparable companies in the sector.

### What is Quaise Energy's valuation?

StartupHub estimates Quaise Energy's effective valuation at $533.2M (range $335.0M to $804.0M, 16% confidence), based on comparable companies in the sector.

### 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.

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