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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
Employees 20
Industries Energy, Renewable Energy, Clean Energy +2
Funding Stage Grant
Social

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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.

Business keywords: 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 $10.00M 1
ARPA-E
22 Nov 2022
Series B $10.00M 5
Breakthrough Energy Ventures Evok Innovations NYSERDA
Breakthrough Energy Ventures, Evok Innovations +3
23 Jun 2020
Grant $3.30M 1
ARPA - E US Department of Energy
19 Sep 2018
Venture Round $8.04M 1
NXT Ventures
NXT Ventures
15 May 2018
Series A Undisclosed 1
Evok Innovations
Evok Innovations
09 May 2018
Grant Undisclosed 1
Prime Coalition
Prime Coalition
16 Jun 2015
Seed Round Undisclosed 1
Clean Energy Venture Group
Clean Energy Venture Group
01 Jan 2015

Quidnet Energy Alternatives & Competitors

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Quidnet Energy vs
Statera Energy
Statera Energy United Kingdom

Securing the UK's transition to a low-carbon future

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103 employees
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Quidnet Energy vs
Storelectric
Storelectric United Kingdom

Enabling #renewables to power the grid. Affordable, long-duration, large-scale energy storage

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Quidnet Energy vs
SBI BioEnergy Inc.
SBI BioEnergy Inc. Canada

Golu-H2 technology empowers people and communities to sustainably produce their own clean carbon neg...

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Also compare with: Quidnet Energy vs Key Capture Energy Key Capture Energy View all alternatives

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 Energy, Renewable Energy, Clean Energy, Energy Efficiency and Energy Storage. Its work centres on Energy Storage, Electric Grid, Technology and Hydroelectric Energy.
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 Statera Energy, Storelectric, SBI BioEnergy Inc., Absaroka Energy LLC, Airthium. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Quidnet Energy and Statera Energy 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.

Source: BounceWatch company record for Quidnet Energy, https://bouncewatch.com/company/quidnet-energy, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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