Quaise
5 known investors
Quaise Energy develops ultra-deep geothermal drilling using gyrotron-powered millimeter-wave technology to reach depths up to 20 km and temperatures up to 500°C, aiming to build superhot geothermal power plants. The company repurposes existing oil and gas workforce, infrastructure, and supply chains to produce clean geothermal energy at scale.</parameter> <parameter name="founders">[]
Founders & leadership
CA
Investors · 5
Funding
SEC filings, press & company announcements- Undisclosed amountSeries AFeb 2022
Safar Partners (lead), Nabors Industries, Prelude Ventures, The Engine
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
MITEI spinout Quaise raises $180 million | MIT Energy Initiativeenergy.mit.edu · Sep 2026
American startup raises $180 million to drill rock over 5km deep to build world's first superhot geothermal plant at 500 °C - The Times of Indiatimesofindia.indiatimes.com · Aug 2026
Quaise Energy's $180M round will fund the world's first commercial superhot geothermal plantstocktitan.net · Aug 2026Frequently asked questions
- What does Quaise do?
- Quaise Energy develops ultra-deep geothermal drilling using gyrotron-powered millimeter-wave technology to reach depths up to 20 km and temperatures up to 500°C, aiming to build superhot geothermal power plants. The company repurposes existing oil and gas workforce, infrastructure, and supply chains to produce clean geothermal energy at scale.</parameter> <parameter name="founders">[]
- Who founded Quaise?
- Quaise was founded by Carlos Araque.
- Who are Quaise's investors?
- Quaise's investors include Helium-3 Ventures, The Engine Ventures, Idemitsu Kosan, JERA, Prelude Ventures.