FundedIQ
Energy

Quidnet Energy: Funding, Investors & Team (Oct 2026)

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.

www.quidnetenergy.com LinkedIn Houston, United States 11-50 employees
Energy Energy Efficiency Renewable Energy
Total raised
$10.0M
Rounds
1
Latest
Undisclosed round
Jun 2020

Quidnet Energy has raised $10.0M across 1 funding round on record, the most recent an undisclosed round of $10.0M announced in Jun 2020.

That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

Quidnet Energy Company Profile and Key Stats

Total funding raised
$10.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$10.0M in Jun 2020
Employees
11-50
reported band
Headquarters
Houston, United States

Latest funding round on record: Jun 2020.

Quidnet Energy Funding Rounds

Date
Round
Amount
Undisclosed round
$10.0M

Quidnet Energy Founders and Leadership Team

Name
Role
Contact
Joe Zhou
CEO
Locked

Contact details for the Quidnet Energy team: 1 of 1 has an email address on file.

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Quidnet Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
30,234
$7.6M

Quidnet Energy's latest round of $10.0M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Quidnet Energy Funding FAQs

What does Quidnet Energy do?

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.

How much funding has Quidnet Energy raised?

Quidnet Energy has raised $10.0M across 1 round on record. The most recent is an undisclosed round of $10.0M announced in Jun 2020.

When did Quidnet Energy last raise funding?

Quidnet Energy's most recent funding round on record is an undisclosed round of $10.0M, announced in Jun 2020.

Who is the CEO of Quidnet Energy?

Joe Zhou is listed as CEO at Quidnet Energy.

Where is Quidnet Energy headquartered?

Quidnet Energy is based in Houston, Texas, United States.

How many employees does Quidnet Energy have?

Quidnet Energy is in the 11-50 employee band.

How does Quidnet Energy's funding compare to other Energy startups?

Quidnet Energy's latest round of $10.0M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Quidnet Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Quidnet Energy is left off this page rather than filled in.

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