Tech Company Financing Transactions

Quaise Funding Round

On 2/18/2022, Quaise announced $40 million in Series A funding from Safar & Partners, Collaborative Fund and Fine Structure Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A
Proceeds Purpose
The funding will be used to accelerate product development. The company will build field-deployable drilling machines to demonstrate the capabilities of this novel drilling technology in the field by 2024.

Company Information

Company Status
Private & Independent
Energy & Battery
Mailing Address
501 Massachusetts Ave.
Cambridge, MA 02139
Email Address
We are developing the enabling technologies to unlock this energy source on a global scale. Drilling technologies to reach down to 20 km below the surface and place this energy source within the reach of all humanity. Reservoir technologies to safely and predictably release this energy with the power densities of fossil fuels.
Quaise LinkedIn Company Profile
Social Media
Quaise Company Twitter Account
Company News
Quaise News
Quaise on Facebook
Quaise on YouTube

Management Team

Email & Social
Chief Executive Officer
Carlos Araque
  Carlos Araque LinkedIn Profile  Carlos Araque Twitter Account  Carlos Araque News  Carlos Araque on Facebook
VP - Engineering
Henry Phan
  Henry Phan LinkedIn Profile  Henry Phan Twitter Account  Henry Phan News  Henry Phan on Facebook
VP - R & D
Franck Monmont
  Franck Monmont LinkedIn Profile  Franck Monmont Twitter Account  Franck Monmont News  Franck Monmont on Facebook



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Where The Data Comes From

We record funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


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