QE

Quaise Energy

Develops geothermal drilling technology aimed at accessing superhot rock resources for clean, high-temperature energy production.

Deep Tech
Geothermal Drilling
Total Raised
$134M
Last Valuation
$893M
Headquarters
Cambridge, United States
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Overview

Quaise Energy is a geothermal startup focused on drilling into superhot rock formations, a technically challenging approach intended to expand access to high-temperature geothermal energy. Its work targets clean power and energy infrastructure markets seeking firm, low-carbon generation. The company’s key differentiation is its focus on superhot rock drilling rather than conventional geothermal resources. Quaise Energy raised $134 million in an undisclosed round announced on July 7, 2026, bringing its disclosed funding total to $134 million.

Funding History

1 round · Jul 2026
$134M
Total Raised
1
Valuation: $893M
Cumulative: $134M

Geothermal Startup Raises $134 Million for Drilling Superhot Rocks

Investors not disclosed
Source

Frequently Asked Questions

How much has Quaise Energy raised in total?
Quaise Energy has raised a total of $134M across 1 funding round.
What does Quaise Energy do?
Quaise Energy is a geothermal startup focused on drilling into superhot rock formations, a technically challenging approach intended to expand access to high-temperature geothermal energy. Its work targets clean power and energy infrastructure markets seeking firm, low-carbon generation. The company’s key differentiation is its focus on superhot rock drilling rather than conventional geothermal resources. Quaise Energy raised $134 million in an undisclosed round announced on July 7, 2026, bringing its disclosed funding total to $134 million.
Where is Quaise Energy headquartered?
Quaise Energy is headquartered in Cambridge, United States.