In Houston, Quaise Energy, a prominent developer of utility-scale superhot geothermal energy, disclosed the initial closure of its Series B funding, securing $134 million. It is anticipated that more equity and debt capital will be finalized soon. Prelude Ventures spearheaded the round, accompanied by strategic contributions from JERA and Idemitsu, major energy firms in Japan. Most current investors, including Safar Partners, also engaged in this round. The Series B funds will be utilized for the company's growth trajectory.