Quidnet Energy is a technology-driven energy company powering the carbon-free electric grid. The company is developing an alternative approach to energy storage by storing water to deliver energy. This new form of sub-surface pumped hydro storage enables large-scale deployment of renewable energy and allows for predictable, dispatchable delivery of power from intermittent renewable energy resources such as solar and wind. Quidnet’s energy system is widely deployable and integrates seamlessly with existing generating facilities.
Location: United States, Texas, Houston
Employees: 1-10
Total raised: $20M
Investors 5
| Date | Name | Website |
| - | Evok Innov... | evokinnova... |
| - | PRIME Coal... | primecoali... |
| - | Clean Ener... | cevg.com |
| - | Breakthrou... | breakthrou... |
| - | Grantham F... | granthamfo... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 05.12.2022 | - | $10M | - |
| 23.06.2020 | Series B | $10M | - |
Mentions in press and media 9
| Date | Title | Description |
| 22.05.2024 | Quidnet Energy Announces 300 MW Strategic Partnership and $10M Investment from Hunt Energy Network | - |
| 29.11.2022 | Quidnet Energy to Receive $10M in Federal Funding to Commercialize Clean Energy Technology | Funding Part of ARPA-E Program to Develop American-Made Clean Energy Technologies, Create Jobs and Cut Greenhouse Gas Emissions /EIN News/ -- HOUSTON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Quidnet Energy announced today that it has been selecte... |
| 29.11.2022 | Quidnet Energy to Receive $10M in Federal Funding to Commercialize Clean Energy Technology | - |
| 23.06.2020 | Quidnet Energy’s $10M Series B Paves Way For Commercial Expansion | 4 Shares Email Facebook Twitter LinkedIn Quidnet Energy announced on Tuesday that it closed on a $10 million Series B round of financing and a contract with the New York State Energy Research and Development Authority for commercial demonst... |
| 23.06.2020 | Bill Gates leads $10M investment in Quidnet’s long-duration geomechanical pumped storage | Quidnet Energy, a startup developing a long-duration energy storage technology, just closed on a $10 million series B financing round. Additionally, the firm announced a contract with the New York State Energy Development Authority (NYSERDA... |
| 08.05.2020 | 13 Houston energy tech startups pitch at Rice Alliance's first virtual event | Rice Alliance for Technology and Entrepreneurship's annual Energy Tech Venture Day is usually hosted as a part of the Offshore Technology Conference that takes over NRG Center each May. However, when OTC announced its cancelation, Rice Alli... |
| 25.01.2019 | На что тратит деньги Марк Цукерберг Статьи редакции | Медицина, образование, благотворительность и чистая энергетика. 11 11 комментариев 8973 просмотров Марк Цукерберг — один из разработчиков и основателей социальной сети Facebook, долларовый миллиардер, человек года по версии Times в 2010 год... |
| 27.09.2018 | Breakthrough Energy Ventures invests in Quidnet Energy, a pre-CEV legacy portfolio company | We are excited to see Breakthrough Energy Venture’s (BEV) progress! Especially their June 2018 investment in Quidnet Energy (a pre-CEV legacy portfolio company) to be followed by further co-investments. Quidnet Energy, a pioneer of a novel ... |
| 18.09.2018 | CEVG portfolio company, Quidnet Energy, one of ten projects selected in ARPA-E’s new DAYS program | We are proud to announce that Quidnet Energy, a CEVG portfolio company, was one of ten projects selected as part of ARPA-E’s new DAYS (Duration Addition to electricitY Storage) program. |