Fundraising Fox

Quidnet

Houston, US · Delaware corporation · 20 employees on LinkedIn · 6 known investors

Find your way into Quidnet

194 people in our graph share verified history with the Quidnet team — schools, employers, funds. One of them is your warm intro.

Patrick Vaheyunlockedknows Aaron Mandell · together at University of Vermont
×7knows the team · via University of Vermont
×4knows the team · via Prime Movers Lab

Quidnet Energy develops geomechanical energy storage technology that repurposes existing oil, gas, and hydroelectric infrastructure to provide grid-scale, long-duration energy storage. The company serves utilities and grid operators seeking scalable solutions for the energy transition.

CleantechDeep TechEnergyHardware

Founders & leadership

AMAaron Mandell
Aaron MandellinCo-FounderVenture Partner at Prime Movers Lab
DZ
Dagong ZhouExecutive
JZJoe Zhou
Joe Zhouin𝕏CEOHe previously served as director of business development at ENGIE North America, an associate at McKinsey & Company, and a process engineer at ExxonMobil. From 2022 to 2024 he sat on the board of the Long Duration Energy Storage (LDES) Council.
HS
Howard SchmidtNamed on SEC filing

Board

CKChristina Karapataki
Christina Karapatakiin𝕏Board MemberBreakthrough Energy Ventures at Breakthrough Energy Ventures
MNMatthew Nordan
Matthew Nordanin𝕏Independent Board MemberCo-Founder and General Partner at Azolla Ventures
MB
Michael BiddleBoard director

Investors · 6

Breakthrough Energy VenturesBoston · $500K – $50Mvia Christina Karapataki · board
Clean Energy VentureBoston
Congruent VenturesSan Francisco · $100K – $5M
Helium-3 VenturesNew York
NXT VenturesMarblehead · $250K – $1M
Clean Energy VenturesreportedBoston · $100K – $5M

Reported raises · per SEC filings

Form D private placements

$18M disclosed across 2 rounds · 2018–2020

▶$10MraisedJun 2020 · 4 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael BiddleDirector
  • Christina KarapatakiDirector
  • Matthew NordanDirector
  • Dagong ZhouExecutive Officer, Director, Promoter
  • Howard SchmidtDirector
Offering amount
$14M
Amount sold
$10M
First sale
May 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$8MraisedMay 2018 · 13 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Aaron MandellExecutive Officer
  • Christina KarapatakiDirector
  • Matthew NordanDirector
  • Michael BiddleDirector
  • Howard SchmidtDirector
  • Dagong ZhouExecutive Officer, Director
Offering amount
$8M
Amount sold
$8M
First sale
May 2018
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Quidnet went on to found or lead other companies.

Aaron MandellExecutive OfficerFounded WATERFXMatthew NordanIndependent Board MemberFounded Prime Coalition

Competitors · 1

by search overlap
Caithness Energy6 shared keywordsCaithness Energy is an independent power producer that develops, acquires, and operates utility-scale power generation assets across North America, including renewable energy projects in wind, solar, and geothermal as well as natural gas generation. The company maintains a portfolio of over 1,050 megawatts of operational and development-stage projects.

Companies competing with Quidnet for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Quidnet Energy scores $2M in DOE funding for hydropower - Energy Capitalenergycapitalhtx.com · Sep 2023Quidnet Energy to Receive $10M in Federal Funding to Commercialize Clean Energy Technologyglobenewswire.com · Nov 2022RosterLab Raises $500K Pre-Seed from Quidnet Ventures, Matū Fund and the University of Auckland Investors' Fund to Enter the New Zealand Marketprnewswire.com · Dec 2021

Frequently asked questions

What does Quidnet do?
Quidnet Energy develops geomechanical energy storage technology that repurposes existing oil, gas, and hydroelectric infrastructure to provide grid-scale, long-duration energy storage. The company serves utilities and grid operators seeking scalable solutions for the energy transition.
Who founded Quidnet?
Quidnet was founded by Aaron Mandell.
Who are Quidnet's investors?
Quidnet's investors include Breakthrough Energy Ventures, Clean Energy Venture, Congruent Ventures, Helium-3 Ventures, NXT Ventures, Clean Energy Ventures.
How much funding has Quidnet raised?
Quidnet has disclosed $18M raised across 2 rounds.
Where is Quidnet headquartered?
Quidnet is headquartered in Houston, US.