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Qarnot logo — More IT, less energy, less carbon!

Qarnot

More IT, less energy, less carbon!

Founded 2010 France France 87 employees Debt Financing Total: $48.00M Cloud Infrastructure, Computing +3

General Information

Company Name Qarnot
Founded Year 2010
Location France France
Founders / Decision Makers
Team member
Employees 87
Industries Cloud Infrastructure, Computing, Information Technology +2
Funding Stage Debt Financing
Social

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About Qarnot

Qarnot is a French startup, founded in 2010, with a compelling slogan: "More IT, less energy, less carbon!" The company is focused on providing a unique solution to drastically reduce the carbon footprint associated with digital activities. Qarnot's innovative strategy involves distributing computing power infrastructure in various buildings, such as offices, housing, and public facilities, to locally and directly utilize the significant amounts of heat generated by IT servers. This alternative approach leads to a substantial reduction in cost, risk, and carbon footprint for clients' digital infrastructure compared to traditional data center methods, particularly in high performance computing (HPC) scenarios. In January 10, 2023, Qarnot secured a significant €12.50M Venture Round investment from a group of prominent investors including Demeter, Colam Impact, Banque des Territoires, Société Générale, and ADEME Investissement. The company's focus on cloud infrastructure and information technology positions it well in the market, aligning with the growing demand for sustainable and efficient digital solutions. With its headquarters in France, Qarnot presents a promising opportunity for venture capital investors seeking to support environmentally conscious and innovative technology ventures.

Business keywords: IT infrastructure, Carbon reduction, Datacenters, HPC, Digital activities, Server heat utilization, Sustainable technology

Funding Rounds & Investors (8)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €22.50M -
10 Jan 2023
Venture Round €12.50M 5
Demeter Colam Impact Banque des Territoires
Demeter, Colam Impact +3
10 Jan 2023
Grant €2.45M 1
European Innovation Council
European Innovation Council
15 Jun 2022
Non Equity Assistance Undisclosed 1
Global FinTech Hackcelerator
Global FinTech Hackcelerator
01 Nov 2021
Venture Round €6.00M 6
A/O PropTech Banque des Territoires European Innovation Council
A/O PropTech, Banque des Territoires +4
31 Mar 2020
Series A €2.50M 2
Avolta Partners EIT Digital
Avolta Partners, EIT Digital
01 Feb 2016
Grant €50.00K 1
EASME - EU Executive Agency for SMEs
01 Nov 2014
Angel Round €2.00M -
01 Jan 2014

Qarnot Alternatives & Competitors

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FAQ About Qarnot

More IT, less energy, less carbon!
Qarnot was founded in 2010.
Qarnot is headquartered in France.
Qarnot operates in Cloud Infrastructure, Computing, Information Technology, IoT and VR/AR. Its work centres on IT infrastructure, Carbon reduction, Datacenters and HPC.
Qarnot has approximately 87 employees.
Qarnot has completed 8 funding rounds, raising a total of $48.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Qarnot include CCm Technologies, Constellation, Cast AI, Altair, Carbonifer. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Qarnot and CCm Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Qarnot, https://bouncewatch.com/company/qarnot, updated 25 November 2024. When citing, please name BounceWatch and link this page.

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