Tech Company Financing Transactions
Quaise Funding Round
The Engine and Collaborative Fund participated in a $6 million Seed capital raise for Quaise. The round was recorded on 6/9/2020.
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
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Carlos Araque
VP - Engineering
Henry Phan
VP - R & D
Franck Monmont
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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 VentureDeal.com, an affiliated venture.
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