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 will be priced, Quaise’s co-founder and CEO, Carlos Araque, told TechCrunch+. The funds will be used to strengthen the company’s supply chain position, he said.
