Cambridge, MA · Founded 2018 · Privately Held (backing)
Developer of wave drilling systems designed for deep geothermal heat access. Quaise Energy is based in Cambridge, MA and was founded in 2018. It was valued at $1.2 billion at its Series B in Jul 2026, the last priced event on record. It has raised $103 million across 3 recorded rounds; the latest was an $180 million Series B in Jul 2026.
PMV mark · valuation
$1.2B
Oct 2026
Priced at
its Series B
Jul 2026
Total raised
$102.5M
Last round
Series B
Jul 2026
Cap table — not yet on record
Quaise Energy's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.
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·The post-money valuation on its round
·The complete investor list: 30 names
·Watch Quaise Energy: the Monday email on marks, rounds and moves
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Quaise Energy's 3 recorded funding rounds.