Quaise Energy raises $134M to fuel superhot geothermal ambitions

Startup Quaise Energy has raised $134 million to advance its first superhot geothermal power plant in central Oregon. On Tuesday, the Houston-based company announced the first tranche of its Series B financing round, which brings the firm’s total funding to $230 million.

First covered Jul 7, 2026 · 11:30 AM PT · 1 article

Coverage

1d Canary Media Quaise Energy raises $134M to fuel superhot geothermal ambitions — Startup Quaise Energy has raised $134 million to advance its first superhot geothermal power plant in central Oregon.

More coverage from around the web

businesswire.com Quaise Energy Raises $134 Million in Initial Close of Series B to Build World’s First Superhot Geothermal Power Plant

interestingengineering.com MIT spinout raises $134M for three-mile superhot rock drilling

vcnewsdaily.com Quaise Nabs $134M Series B Financing

ventureburn.com Quaise Energy Raises $134M Series B to Advance Superhot Geothermal Power

morningstar.com Quaise Energy Raises $134 Million in Initial Close of Series B to Build World’s First Superhot Geothermal Power Plant | Morningstar

Appeared in: 2026-07-08 (#19)

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