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| Aug 27, 2026 | ProFound Therapeutics Receives $35M Investment | ProFound Therapeutics, a Cambridge, MA-based developer of medicines harnessing the expanded human proteome, received an investment of up to $35M from the Gates Foundation, including an initial investment of $20M.
The company intends to use ... |
| Aug 27, 2026 | Quaise Energy Raises $180M in Series B Funding | Quaise Energy, a Houston, TX-based developer of utility-scale superhot geothermal energy, raised $180M in Series B funding.
Backers included Nabors Industries, Prelude Ventures, JERA Co., Inc., and Idemitsu Kosan.
The raise brought the tota... |
| Aug 27, 2026 | Quaise Energy Raises $180 Million Series B To Build First Superhot Geothermal Plant | Quaise Energy has closed a $180 million Series B financing round, including a $35 million strategic investment from Nabors Industries, bringing the geothermal technology company’s total funding to $280 million. The financing will support Pr... |
| Aug 27, 2026 | Quaise Energy Closes $180 Million Series B with $35 Million Investment from Nabors Industries and Strategic Framework to Build World’s First Superhot Geothermal Power Plant | |
| Aug 21, 2026 | Intuitive Machines lands $600M satellite deal, NASA ‘spacecraft bus’ contract | Houston-based space infrastructure company Intuitive Machines has scored two astronomical deals.
The deals add to the company’s soaring success. As of June 30, Intuitive Machines had a record-high $1.8 billion backlog of orders, a $1.5 bill... |
| Aug 18, 2026 | Tech giant Apple opens Advanced Manufacturing Center at massive Houston facility | Cupertino, California-based Apple Inc. unveiled its Advanced Manufacturing Center in the Houston area last week, marking the completion of the second of three facilities the tech giant plans to launch in the city by the end of this year.
Th... |
| Aug 17, 2026 | $5B MD Anderson-anchored Austin medical center to break ground this fall | Construction on the $1 billion first phase of the AI-native University of Texas Dell Medical Center in Austin—which will feature a hospital operated by Houston’s UT MD Anderson Cancer Center—is set to start this fall.
The UT System Board of... |
| Jul 14, 2026 | QuantumDiamonds Secures €91M to Revolutionize Chip Manufacturing | German deeptech innovator QuantumDiamonds secured a monumental €91 million. This combines a Series A equity round with significant non-dilutive state aid. The capital fuels its groundbreaking quantum-driven semiconductor testing technology,... |
| Jul 10, 2026 | Quaise Energy Secures $134M, Fuels Deep Geothermal Revolution | Quaise Energy achieved a significant $134 million Series B initial close. This pushes total funding to $230 million. The Houston firm pioneers utility-scale superhot geothermal energy. Its core innovation: millimeter wave drilling technolog... |
| Jul 9, 2026 | Venture capital & startup funding roundup, July 9, 2026: Sequoia, Khosla Ventures, Y Combinator, A16Z, and Accel | It’s Thursday, July 9, 2026, and today’s dealmaking paints a clear picture: venture capital is pouring into AI infrastructure and frontier technologies, while strategic sectors like clean energy, biotech and national security quietly attrac... |
| Jul 9, 2026 | Chip Testing Startup QuantumDiamonds Has Raised €91m To Speed Up Manufacturing | German deeptech startup QuantumDiamonds has raised €91 million in its latest funding round. QuantumDiamonds announced that its latest capital comes from a €15 million Series A equity round and an additional €76 million in non-dilutive state... |
| Jul 8, 2026 | NVIDIA Chip Challenger SambaNova Raises $1 Billion At $11 Billion Valuation | One of NVIDIA’s biggest competitors just got a major boost. At the Raise Summit in Paris, it was announced that SambaNova raises $1 billion in a Series F funding round. The California-based AI chip startup SambaNova now has a valuation of $... |
| Jul 8, 2026 | Venture Capital & Startup Funding Roundup, July 8, 2026 | It’s Wednesday, July 7, 2026. The last 16 hours brought a surge of capital into frontier tech: AI infrastructure, deep energy, and defense systems. Investors funneled mega-rounds into enterprise AI and chip startups (for example, Palo Alto’... |
| Jul 8, 2026 | Quaise Energy Raises $134 Million Series B Initial Close To Build Superhot Geothermal Power Plant | Quaise Energy announced the initial close of its Series B financing, raising $134 million. The round was led by Prelude Ventures, with strategic investments from JERA and Idemitsu, two of Japan’s largest energy companies. Nearly all existin... |
| Jul 7, 2026 | Callie Care Raises $500K in Pre-Seed Funding | Callie Care Inc., a Wilmington, Delaware-based AgeTech startup, closed a $500K pre-seed funding round.
The latest non-dilutive funding was provided by InterSystems Ventures.
The company intends to use the funds to ship the next version of t... |
| Jul 7, 2026 | Quaise Energy Raises $134M Series B to Advance Superhot Geothermal Power | Quaise Energy Raises $134 Million to Expand Superhot Geothermal Technology
Quaise Energy raised $134 million to hasten the commercial development of its geothermal energy. Prelude Ventures led the funding round, with strategic investments f... |
| Jul 7, 2026 | Quaise Energy Raises $134M in Initial Close of Series B Funding | Quaise Energy, a Houston, TX-based developer of utility-scale superhot geothermal energy, raised $134M in initial close of its Series B funding.
Additional components of the capital program, including project-level equity and debt financing... |
| Jul 7, 2026 | Quaise Nabs $134M Series B Financing |
HOUSTON, TX, Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the first close of its Series B financing.
>> Click here for more funding data on Quaise
>> To export Quaise funding d... |
| Jul 7, 2026 | Venture Capital & Startup Funding Roundup, July 7, 2026 | It’s Tuesday, July 7, 2026, and today’s funding news reinforces a major shift: capital is flowing into real-world infrastructure and domain-specialized AI, not just headline-grabbing consumer apps. In energy and climate tech, record deals a... |
| Jul 2, 2026 | Experts: Houston's VC ecosystem has set the foundation — now we need scale | Fervo Energy went public earlier this summer. The Houston geothermal company priced its IPO at $27 per share, raised $1.89 billion, and opened the next morning at a market capitalization north of $10 billion. By most measures, it is the lar... |
| Nov 2, 2024 | Сверхглубокий гидроразрыв пласта для получения безграничной геотермальной энергии — это возможно | Перспектива получения практически неограниченной чистой геотермальной энергии теперь стала значительно ближе. Лаборатория экспериментальной механики горных пород (LEMR) из Федеральной политехнической школы Лозанны (EPFL) показала, что полуп... |
| May 21, 2024 | Exclusive: XGS raises $20M for geothermal tech | figcaption>span]:font-sans">
Geothermal startup XGS Energy has closed $20 million primarily to get a demonstration project up and running, the company tells Axios.
Why it matters: There's large potential in geothermal energy, and... |
| Mar 13, 2024 | Quaise Energy Secures $21 Million to Revolutionize Geothermal Energy | Quaise Energy, a game-changer in the geothermal energy sector, has raised $21 million in Series A1 funding to accelerate its terawatt-scale deep geothermal technology. This funding will fuel field operations expansion and supply chain enhan... |
| Mar 12, 2024 | Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy | New funding will expand field operations and secure supply chain toward clean energy abundance
CAMBRIDGE, Mass.–(BUSINESS WIRE)–March 12, 2024–
Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a... |
| Mar 12, 2024 | Quaise Energy Raises $21M in Series A1 Funding | Recent core drilling by Quaise lays the groundwork for upcoming field demonstrations of millimeter wave drilling technology. Photo: Quaise Energy
Quaise Energy, a Cambridge, MA-based terawatt-scale geothermal company, raised $21M in Series ... |
| Dec 12, 2023 | Geothermal startup Quaise is raising $25M as it gears up for drilling | Geothermal startup Quaise Energy is raising a new funding round, TechCrunch+ has exclusively learned.
The company filed new paperwork yesterday with the SEC, stating that it had raised $13 million of an expected $25 million.
The new round w... |
| Nov 25, 2022 | Meet 5 startups working to harness the Earth’s heat to save the planet | There are a few sources of power that are “free” here on Earth, namely wind, solar, hydro, and geothermal. Humans have been tapping hydro and wind for millennia, and we’re getting pretty good at harnessing the power of the sun. But with geo... |
| Jul 10, 2022 | Quiase Energy: MIT Spinout May Revive an Abandoned Coal Power Plant in New York | April Fowell, Tech Times 10 July 2022, 10:07 pm
An abandoned coal power plant in upstate New York may be the answer to Quaise Energy's Massachusetts Institute of Technology (MIT) spinout, according to SciTechDaily. Currently, they are worki... |
| Jun 29, 2022 | A Research Engineer Built a Device That Can Generate Power Globally for Years | April Fowell, Tech Times 29 June 2022, 02:06 am
Research engineer from the Massachusetts Institute of Technology's (MIT) Plasma Science and Fusion Center, Paul Woskov, has spent 14 years developing a method that can bring an abandoned coal ... |
| Jun 8, 2022 | Quaise Energy Expands Series A to $52M |
CAMBRIDGE, MA, Quaise Energy, a company unlocking terawatt-scale geothermal, announced it expanded its Series A financing round from $40M to $52M.
>> Click here for more funding data on Quaise
>> To export Quaise funding dat... |
| Jun 8, 2022 | Quaise Energy Raises Additional USD12M in Series A Funding | Quaise Energy, Inc., a Cambridge, MA-based terawatt-scale geothermal company, raised an incremental $12M in Series A funding.
This expanded its Series A financing round from $40M to $52M.
The $12M round was led by TechEnergy Ventures, the C... |
| Mar 16, 2022 | 'Tunnel to Hell' could give the world unlimited power and make energy bills cheap | Tech'Tunnel to Hell' could give the world unlimited power and make energy bills cheap
An American power company wants countries to start drilling the world's 'deepest hole' to tap into unlimited clean energy from the Earth's crust - it coul... |
| Mar 14, 2022 | Digging the World’s Deepest Hole to Extract Energy | (Image: Quaise)An international startup is aiming to break its way into a new generation of energy production by toppling more world records than one.
Quaise Energy, a geothermal energy company born from MIT, has set its sights on harnessin... |
| Feb 8, 2022 | Quaise Energy Secures $40M Series A to Unlock Terawatt-Scale Geothermal Energy | Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $40M Series A financing round led by Safar Partners with participation from Prelude Ventures, Fine Structure Ventures, The Engine, Collaborativ... |
| Feb 8, 2022 | Quaise Energy Raises $40M Series A to Develop Geothermal Tech, Hire | Quaise Energy’s CEO and co-founder Carlos Araque. | Photo: Quaise Energy
Cambridge-based startup and MIT spinout Quaise Energy announced on Tuesday its $40 million Series A round led by Safar Partners, a venture capital firm that prioritize... |
| Feb 8, 2022 | Quaise Energy Raises $40M in Series A Funding | Quaise Energy, a Cambridge, MA-based terawatt-scale geothermal company, closed a $40M Series A financing round.
The round was led by Safar Partners with participation from Prelude Ventures, Fine Structure Ventures, The Engine, Collaborative... |
| Aug 4, 2021 | Quaise Raises $12M in Funding | Quaise, a Cambridge MA-based geothermal energy company, raised $12M in funding.
The round was led by Nabors Industries.
The company intends to use the funds to accelerate development of its millimeter wave drilling technology towards its fi... |
| Jun 9, 2020 | Quaise launches with $6M in funding to access deep geothermal and carbon-free energy using millimeter wave drilling technology | Geothermal energy is thermal energy stored within the Earth and is available everywhere, but it has been hampered for use as a significant energy source by limitations in drilling technology, except in select locations on the planet where i... |
| Quaise Energy Closes $40 Million In Series A Funding | Quaise Energy recently announced it closed $40 million in Series A funding. These are the details.
Quaise Energy – a company that is unlocking terawatt-scale geothermal – recently announced it closed $40 million in Series A funding led by S... |
| Quaise Energy: Terawatt-Scale Geothermal Company Secures $21 Million | Quaise Energy—a company advancing the terawatt-scale geothermal industry—announced the closing of a $21 million Series A1 funding round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are some new... |
| Quaise | “Quaise is an energy company unlocking geothermal energy for the world population through millimeter wave drilling technology.” |
| How super-hot rocks miles under the earth’s surface could provide limitless clean energy | Superhot rock geothermal energy can be generated from dry rock that’s at least 752 degrees Fahrenheit. It exists all over the earth at depths between two and 12 miles.
A new report out Friday from the Clean Air Task Force, a non-profit clim... |
| Возможно, наш мир — это голограмма. Техдайджест | Отдел новостей 12 марта 2022, 12:20 Возможно, наш мир — это голограмма. Техдайджест
В очередном выпуске техдайджеста о том, как Европа пытается стать независимой от российских энергоносителей, тайваньский монополист увеличивает ёмкость съём... |
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MIT spinoff Quaise raises $6M for its drilling technology to access geothermal energy | |
| Could geothermal supply up to 50% of the world’s energy by 2050? | Geothermal supplies just 0.4% of the world’s energy today, but it could potentially supply up to 50% of the world’s energy by 2050, according to Carlos Araque, cofounder and CEO of Quaise Energy, who made that prediction at the SOSV Climate... |
| Investor Vinod Khosla says focusing on 2030 climate targets is the wrong approach | Vinod Khosla, the founder of the Silicon Valley venture capital firm, Khosla Ventures, says 2040 is the more important goal post in combating climate change than 2030.
Khosla, who cofounded computer hardware firm Sun Microsystems in 1982 an... |
