Quaise Energy Closes $134 Million Series B Financing for Superhot Geothermal Drilling
Quaise Energy, a developer of utility-scale superhot geothermal energy, announced the first close of its Series B financing, raising $134 million, with additional equity and debt capital expected to close soon. The round was led by Prelude Ventures, with strategic investment from JERA and Idemitsu, two of Japan's largest energy companies. Nearly all existing investors,