Safar Partners led a $40m Series A round in Quaise Energy.

Safar Partners, a private equity firm, led a $40m Series A round in Quaise Energy, a semiconductor manufacturer, with participation from Prelude Ventures, Fine Structure Ventures, The Engine, Collaborative Fund and Nabors Energy Transition Ventures. "This funding round brings us closer to providing clean, renewable baseload energy. Our technology allows us to access energy anywhere in the world, at a scale far greater than wind and solar, enabling future generations to thrive in a world powered with abundant clean energy," Carlos Araque, Quaise Energy Co-Founder and CEO.