Tech Company Financing Transactions
Qarnot Funding Round
Qarnot, operating out of Roubaix, secured $37.9 million from ADEME Investissement, Banque des Territoires and Colam Impact.
Transaction Overview
Company Name
Announced On
1/11/2023
Transaction Type
Venture Equity
Amount
$37,910,000
Round
Undisclosed
Proceeds Purpose
The company has tapped into a crucial problem facing our modern world, that of the tremendous amount of excess heat given off by data centres, and is ushering it back into heating systems.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Lille B 424 761 419 2 Rue Kellermann BP 80157 59053 Cedex 1
Roubaix, Undisclosed
FR
Roubaix, Undisclosed
FR
Phone
Undisclosed
Website
Email Address
Overview
Qarnot is a french company, incorporated in 2010, providing its clients with a unique solution to drastically reduce their carbon footprint linked to their digital activities. Instead of concentrating servers in datacenters, our strategy relies on a computing power infrastructure distributed in buildings (offices, housings, public facilities, factories, warehouses) where huge amounts of heat generated by IT servers can be locally and directly valued.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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