Quaise Energy

Overview

Develops geothermal drilling systems that combine conventional drilling with millimeter wave technology to access deep geothermal energy for large-scale power generation.

Part of the Boston ecosystem

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Timeline

1. Aug 2026Funding Roundquaise.com ↗

   Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the final close of its Series B, raising a total of $180 million in equity financing, including a $35 million investment from Nabors Industries (NYSE: NBR), one of the world's largest land drilling contractors and a long-standing partner to Quaise.