Total Funding
43
55
Total FundingGrant raised
Growth Score
-5 pts
Heat Score
-4 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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35404
Technology-driven energy storage company powering the carbon-free electric grid.
- Howard Schmidt: Co-Founder & CTO
Aaron Mandell: Co-FounderPast Role: WaterFX, Chairman & Co-Founder
About the Company
Quidnet Energy is a technology-driven energy company that powers the carbon-free electric grid. Its technology is a form of hydroelectric energy storage using time-tested well-drilling and construction technologies to pump water under pressure into subsurface geological reservoirs to store energy. When variable renewable energy is not available,
this water is released to drive hydroelectric turbines to power the electric grid.
The company was founded in 2013 and is based in Houston with offices in San Francisco and Saratoga Springs, New York.
