Tech Company Financing Transactions

Quidnet Energy Funding Round

On 6/24/2020, Quidnet Energy received $10 million in Series B funding from Breakthrough Energy Ventures, Evok Innovations and The Jeremy and Hannelore Grantham Environmental Trust.

Transaction Overview

Company Name
Announced On
6/24/2020
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Proceeds Purpose
Funds from the Series B financing will be used to expand the team and infrastructure necessary for full-scale commercial deployments, as well as fund the construction of near-term projects, including a 2-megawatt (MW) project implementing GPS as part of the company's contract with NYSERDA.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
720 Rusk St.
Houston, TX 77002
USA
Email Address
Overview
Quidnet Energy was launched in 2013 with the vision of building breakthrough energy technology to accelerate the energy transition. Quidnet Energy is exciting imaginations in the clean energy business for its potential as a game-changer in supporting significant deployment of new renewable energy through its low carbon balancing capabilities.
Profile
Quidnet Energy LinkedIn Company Profile
Social Media
Quidnet Energy Company Twitter Account
Company News
Quidnet Energy News
Facebook
Quidnet Energy on Facebook
YouTube
Quidnet Energy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Joseph Zhou
  Joseph Zhou LinkedIn Profile  Joseph Zhou Twitter Account  Joseph Zhou News  Joseph Zhou on Facebook
Chief Operating Officer
David Foulon
  David Foulon LinkedIn Profile  David Foulon Twitter Account  David Foulon News  David Foulon on Facebook
Chief Technical Officer
Howard Schmidt
  Howard Schmidt LinkedIn Profile  Howard Schmidt Twitter Account  Howard Schmidt News  Howard Schmidt on Facebook


 

 

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