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Quaise Energy

Quaise Energy

Private
Cambridge, MassachusettsEnergy & Sustainabilityhttps://www.quaise.com/

Last Round

Series B

Jul 7, 2026

Total Funding Raised

$96M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

Quaise Energy is a clean energy company that develops millimeter-wave drilling technology to access deep geothermal heat and repurpose existing fossil-fuel power infrastructure.

Sector

Energy & Sustainability

Verticals

Renewable Energy

Business Model

B2B

Customer Profile

Services & Consulting, Revenue Share, Government Contracts

AI Layer

Non-AI

Keywords

geothermal energymillimeter-wave drillingdeep geothermalsuperhot geothermalpower plant retrofittingbaseload powerrenewable energygyrotron drillingenergy infrastructurepower purchase agreementPPAgeothermal 2.0deep drillingclean baseloadhard rock drilling

Historical Pricing

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Caplight Momentum Score

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Quaise Energy Comps

Public and private peers based on sector, stage, and business model.

Quaise Energy comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Quaise Energy Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BJul 7, 2026
Series AMar 12, 2024
Series A ExtensionJun 21, 2022
Series AFeb 8, 2022
GrantOct 5, 2021
Seed
Aug 3, 2021

Key People

Founding team and executive leadership

Carlos Araque

Chief Executive Officer

Executive Team

Kevin Bonebrake

Chief Financial Officer

Executive Team

Quaise Energy Investors

Notable investors and investment history

Quaise Energy investors
InvestorRounds
TechEnergy VenturesSeries A, Series A Extension
Fine Structure VenturesSeries A
The EngineSeries A, Seed
Engine VenturesSeries A, Seed
Hostplus Superannuation FundSeries A Extension, Series A
Khosla VenturesSeed
Xplorer CapitalSeries A, Series A Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 7, 2026

    $134M round led by Prelude Ventures.

  • Mar 29, 2025

    Added EnergyCapitalHTX, LLC. as a customer in Media/Publishing.

Quaise Energy Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Quaise Energy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Quaise Energy's valuation, stock price, and market status.

Firmographic Details

HeadquartersCambridge, Massachusetts
Employee Range73
Year Founded2018
Last FundingJul 7, 2026

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