Q
Quidnet Energy
Quidnet Energy is developing an alternative approach to energy storage by storing water to deliver energy
About Quidnet Energy
Quidnet Energy is a pioneering company in the energy storage sector, focusing on long-duration energy storage solutions to support a zero-carbon grid. The company leverages advanced geomechanical pumped storage technology to store renewable energy efficiently and cost-effectively. Quidnet Energy primarily serves utility companies, grid operators, and renewable energy developers, operating within the renewable energy and energy storage markets. The business model revolves around providing scalable energy storage solutions that can be integrated into existing grid infrastructures, thereby enhancing grid reliability and facilitating the transition to renewable energy sources. Revenue is generated through the sale and deployment of their storage systems, as well as through long-term service agreements and partnerships with energy providers. Quidnet Energy's innovative approach addresses the critical need for reliable and sustainable energy storage, positioning it as a key player in the global energy transition.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2013
- Headquarters
- Houston, United States
- Employees
- 20
- Open positions
- None listed
- Dealroom signal
- 76.1/100
- Industry
- Energy
- Sub-industry
- Clean Energy, Water, Energy Storage
- Sector
- Energy, Battery, Hydropower, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Grid Energy Storage, Renewable Energy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | May 2024 | $10M | $40M | Hunt Energy Network | ↗ |
| GRANT✓Other financing | Nov 2022 | $10M | — | NYSERDA · Will & Jada Smith Family Foundation · Sorenson Impact Foundation · Trafigura | ↗ |
Growth signals
Latest recorded traffic for Quidnet Energy is 1.3K monthly website visits, down 7.1% over the last three months. Quidnet Energy's team declined 4.8% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed9 investors entered at this stage
Clean Energy Venture Group
PRIME Coalition
NYSERDA
Will & Jada Smith Family Foundation
Sorenson Impact Foundation
Emissions Reduction Alberta (ERA)
Grantham Foundation
US Department of Energy
NXT Ventures
Series A3 investors entered at this stage
Evok Innovations
Trafigura
Breakthrough Energy Ventures
Series B and later1 investor entered at this stage
Hunt Energy Network
Other known investors3 additional known investors
Helium-3 Ventures
Mitsui Sumitomo Insurance Venture Capital
Prospect Innovation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Quidnet Energy on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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