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Venture Capital News: Quaise Energy Expands Series A to $52M

2022-06-08
CAMBRIDGE, MA, Quaise Energy, a company unlocking terawatt-scale geothermal, announced it expanded its Series A financing round from $40M to $52M.
Quaise Energy, a company unlocking terawatt-scale geothermal, announced 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.
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