Geothermal startup Quays is raising $25 million as it gears up for drilling.

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Geothermal Startup Choice TechCrunch+ has exclusively learned that Energia is raising a new funding round.

The company filed new paperwork with the SEC yesterday, saying it has raised $13 million of the expected $25 million.

Carlos Aracay, co-founder and CEO of Quois, told TechCrunch+ that the new round will be priced at Rs. He said the funds will be used to strengthen the company’s supply chain position.



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