Qarnot

Heating, Cooling & Ventilation Equipment and ServicesSeries BFranceqarnot.com

Latest round

Series B

Last raised

Mar 2023

Total raised

$23M

Investors

12

About Qarnot

Qarnot Computing, founded in 2010, is a cloud computing provider that focuses on eco-friendly computing solutions. The company was established by Clément Pellegrini.Qarnot specializes in providing low-carbon cloud computing solutions, high-performance computing (HPC), and IT infrastructure services tailored to sectors such as aerospace, automotive, and energy. Their offerings include on-demand computing clusters that significantly boost simulation processing speeds, allowing clients to conduct simulations in half the time of traditional methods. This infrastructure cleverly reuses heat produced by servers, reducing energy consumption and carbon emissions by up to 80%.Qarnot generates revenue through a subscription-based model offering various pricing plans to accommodate different client needs. Customers gain access to EUR 6,000 in complimentary cloud credits during initial engagement, with potential savings of up to 50% on computing costs, plus a robust discount structure for ongoing services. Their flagship services, including Q•lab for 3D rendering and financial simulations, play a crucial role in their revenue generation, primarily serving businesses that prioritize efficient simulation solutions.Looking ahead, Qarnot Computing is focused on launching new products and expanding into additional markets. The company plans to develop innovative offerings designed for broader applications in cloud computing.

Who invested in Qarnot

12 investors across 3 rounds

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Funding rounds

  1. Series B

    Mar 10, 2023

    Amount

    $13M

    Investors

    Locked

  2. Series B

    Mar 31, 2020

    Amount

    $6.5M

    Investors

    Locked

  3. Series A

    Mar 25, 2016

    Amount

    $2.8M

    Investors

    Locked

Questions about Qarnot

Who invested in Qarnot?

Qarnot has 12 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Qarnot raised?

Qarnot has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Qarnot last raise money?

Qarnot's most recent round on record is a Series B, in Mar 2023.

What does Qarnot do?

Qarnot Computing, founded in 2010, is a cloud computing provider that focuses on eco-friendly computing solutions.

Where is Qarnot headquartered?

Qarnot is headquartered in France.

Which VCs invest in companies like Qarnot?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back heating, cooling & ventilation equipment and services companies at Qarnot's stage. Their profiles are linked below.

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