Tech Company Financing Transactions
Quaise Energy Funding Round
Quaise Energy, operating out of Cambridge, raised $6 million from The Engine and Collaborative Fund.
Transaction Overview
Company Name
Announced On
6/9/2020
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors
The Engine (Lead Investor)
Proceeds Purpose
The company intends to use the funds to mature the technology and build out a multi-disciplinary team across three locations: Boston, MA, Houston, TX, and Cambridge, UK.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
501 Massachusetts Ave.
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Website
Email Address
Overview
Our work is a necessity, not an option. Deep geothermal energy is at the core of an energy-independent world. Our mission is to bring this inexhaustible, renewable, clean energy source to future generations. This is the profound power of deep geothermal. We are unlocking energy for all.
Management Team
Title
Name
Email & Social
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We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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