Tuesday, June 16, 2020

MIT-Born Quaise Raises $6 Million in Round Led by the Engine to Access Geothermal Energy (Pulse 2.0)

Quaise, a company that is pioneering millimeter-wave drilling technology for accessing deep geothermal energy, announced it raised $6 million in a seed round of funding. This round of funding was led by The Engine — which is a venture firm that had spun out of MIT.