Quaise Energy, the company unlocking terawatt-scale geothermal, has announced the closing of a US$40 million Series A financing round led by Safar Partners with participation from Prelude Ventures, Fine Structure Ventures, The Engine, Collaborative Fund, Nabors Energy Transition Ventures, and others.
Quaise Energy has secured US$40 million Series A financing to develop its deep geothermal millimetre wave drilling systems
Safar Partners' Arunas Chesonis and Mark Cupta from Prelude Ventures have joined Quaise Energy's Board of Directors as part of the financing. Quaise Energy plans to harness deep geothermal by introducing...
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