Quidnet Energy logo — Powering the Carbon-Free Electric Grid

Quidnet Energy

Powering the Carbon-Free Electric Grid

Founded 2013 United States Houston, United States 20 employees Grant Total: $31.33M Energy, Renewable Energy +3

General Information

Company Name Quidnet Energy
Founded Year 2013
Location United States Houston, United States +1
Employees 20
Industries Energy, Renewable Energy, Clean Energy +2
Funding Stage Grant
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About Quidnet Energy

Quidnet Energy is a technology-driven energy company with the slogan "Powering the Carbon-Free Electric Grid." Founded in 2013 and headquartered in the United States, the company is focused on developing an alternative approach to energy storage. Quidnet Energy's innovative solution involves storing water to deliver energy, utilizing a new form of sub-surface pumped hydro storage. This technology enables the large-scale deployment of renewable energy and facilitates the predictable, dispatchable delivery of power from intermittent renewable resources such as solar and wind. The company recently secured a significant $10.00M grant investment from ARPA-E on 22 November 2022. This investment highlights the potential of Quidnet Energy's energy system, which is widely deployable and seamlessly integrates with existing generating facilities. Quidnet Energy's focus on clean energy, energy efficiency, and energy storage situates it as an impactful player in the rapidly evolving energy industry, making it an attractive prospect for investors seeking opportunities in the renewable energy sector.

Taxonomy: Energy Storage, Electric Grid, Technology, Hydroelectric Energy, Carbon-Free, Renewable Integration, Subsurface Pumped Hydro Storage, Well-Drilling Technology, Geological Reservoirs, Predictable Power Delivery, Dispatchable Energy, Variable Renewable Energy, Sustainable Energy, Clean-Tech

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1 •••• •••• 22 Nov 2022
Series B •••••• 5
Investor Investor Investor Investor
•••• ••••
23 Jun 2020
Grant •••••• 1 •••• •••• 19 Sep 2018
Venture Round •••••• 1
Investor
15 May 2018
Series A •••••• 1
Investor
09 May 2018

View All 7 Funding Rounds

Quidnet Energy Alternatives & Competitors

Quidnet Energy vs

Harnessing the sun to provide clean, reliable energy, around the clock.

Grant
Energy, Renewable Energy
Quidnet Energy vs
ILI Group
ILI Group United Kingdom

Bringing 4.5GW of Energy Storage to the UK energy market.

Equity Crowdfunding
13 employees
Energy
Quidnet Energy vs

Designers and Manufacturers of Australian Made Energy Storage Solutions

29 employees
Manufacturing, Energy Storage

FAQ About Quidnet Energy

Powering the Carbon-Free Electric Grid
Quidnet Energy was founded in 2013.
Quidnet Energy is headquartered in Houston, United States.
Quidnet Energy operates in the following industries: Energy, Renewable Energy, Clean Energy, Energy Efficiency, Energy Storage.
Quidnet Energy has approximately 20 employees.
Quidnet Energy has completed 7 funding rounds, raising a total of $31.33M. The latest funding stage is Grant.
Top alternatives and competitors to Quidnet Energy include SolarReserve, ILI Group, PowerPlus Energy, Genex Power, NRStor Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Quidnet Energy and SolarReserve are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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