Quaise Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 55

Employees

  • Latest Deal Type
  • Series A1

  • Latest Deal Amount
  • $21M

  • Investors
  • 28

Quaise General Information

Description

Developer of wave drilling systems designed for deep geothermal heat access. The company's system repurposes existing fossil-fired industrial assets by drilling onsite at functional power plants to utilize the existing infrastructure and workforce to make a smoother energy transition possible, enabling mining companies to collectively generate terawatts of clean power by rivaling the output of fossil fuels but with zero carbon.

Contact Information

Website
www.quaise.energy
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 501 Massachusetts Avenue
  • Cambridge, MA 02139
  • United States
+1 (787)
Primary Industry
Oil and Gas Equipment
Other Industries
Other Commercial Products
Vertical(s)
CleanTech, Oil & Gas, Climate Tech
Corporate Office
  • 501 Massachusetts Avenue
  • Cambridge, MA 02139
  • United States
+1 (787)

Quaise Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Quaise Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC (Series A1) 12-Mar-2024 $21M Completed Generating Revenue
4. Early Stage VC (Series A) 08-Jun-2022 Completed Generating Revenue
3. Seed Round 03-Aug-2021 Completed Startup
2. Grant $5M $6.03M Completed Startup
1. Seed Round 08-Jun-2020 $6.03M $6.03M Completed Startup
To view Quaise’s complete valuation and funding history, request access »

Quaise Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A-2
Series A-1
Series A
Seed 3
Seed 2 1,474,127 $0.000100 $0.7 $0.7 1x $0.7 5.01%
Seed 1 3,892,869 $0.000100 $1.28 $1.28 1x $1.28 13.22%
To view Quaise’s complete cap table history, request access »

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Quaise Patents

  • 24

    Total Documents Applications and Grants

  • Total Patents Families

  • 15

    Granted

  • 9

    Pending

  • Expiring in next 12 mo

Quaise Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20250092778-A1 System and methods for distance determination within a borehole Pending 20-Sep-2023
US-20230160262-A1 Multi-piece corrugated waveguide Active 06-Jul-2021
US-20230008455-A1 Multi-piece corrugated waveguide Active 06-Jul-2021
US-11613931-B2 Multi-piece corrugated waveguide Active 06-Jul-2021
CA-3226065-A1 Multi-piece corrugated waveguide Pending 06-Jul-2021 H01P3/123
To view Quaise’s complete patent history, request access »

Quaise Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Quaise Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds
Milano Investment Partners Venture Capital Minority
Mintz (Legal services B2B) Corporation Minority
Mitsubishi Corporation Minority
Standard Investments Venture Capital Minority
8090 Industries Venture Capital Minority
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Quaise FAQs

  • When was Quaise founded?

    Quaise was founded in 2018.

  • Where is Quaise headquartered?

    Quaise is headquartered in Cambridge, MA.

  • What is the size of Quaise?

    Quaise has 55 total employees.

  • What industry is Quaise in?

    Quaise’s primary industry is Oil and Gas Equipment.

  • Is Quaise a private or public company?

    Quaise is a Private company.

  • What is the current valuation of Quaise?

    The current valuation of Quaise is .

  • What is Quaise’s current revenue?

    The current revenue for Quaise is .

  • How much funding has Quaise raised over time?

    Quaise has raised $91M.

  • Who are Quaise’s investors?

    Milano Investment Partners, Mintz (Legal services B2B), Mitsubishi, Standard Investments, and 8090 Industries are 5 of 28 investors who have invested in Quaise.

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