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Qarnot

Qarnot

Private
Montrouge, Île-de-FranceAI, Data & Cloud Infrastructurehttps://qarnot.com

Last Round

VC Round

Jan 10, 2023

Total Funding Raised

$12.16M

Momentum Score

25 /100

Company Overview

Qarnot is a French technology company founded in 2010 that provides high-performance computing (HPC) cloud services with a focus on sustainability. The company's core innovation is a distributed infrastructure where the waste heat generated by its computer servers is repurposed to heat buildings and water for free. This model significantly reduces the carbon footprint of computations, by up to 80%, and lowers cloud computing costs for clients. Qarnot serves various industries, including banking, 3D animation, aerospace, and automotive, by offering powerful and secure cloud computing for tasks like risk analysis and complex simulations. The company has deployed over 50,000 computing cores across France and Europe and continues to expand its infrastructure.

Sector

AI, Data & Cloud Infrastructure

Verticals

Cloud Infrastructure, Computing Hardware, Green Building, Circular Economy, Smart Buildings

Business Model

B2B

Customer Profile

Usage-Based SaaS, Government Contracts, Subscription SaaS, Hardware Sales

AI Layer

Infrastructure

Keywords

high-performance computingHPCwaste heat recoverycloud HPCgreen computingdistributed computinglow-carbon computingheat valorizationsustainable data centerdata center heat reuseedge computingcircular economycomputing heaterdigital boilercompute infrastructureGPU computingorchestration software

Historical Pricing

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Caplight Momentum Score

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Qarnot Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Qarnot Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
VC RoundJan 10, 2023
Series BMar 31, 2020
Series AJan 31, 2016
GrantNov 1, 2014
AngelFeb 5, 2014

Key People

Founding team and executive leadership

Clément Pellegrini

CTO Co-Founder

Founding Team

Paul Benoit

CEO Co-fondateur

Executive Team

Qarnot Investors

Notable investors and investment history

InvestorRounds
ADEME InvestissementVC Round
Societe Generale VenturesVC Round
A/O PropTechSeries B
Banque des TerritoiresVC Round, Series B
Societe GeneraleVC Round

Market signals

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  • Apr 1, 2026

    Added Nemosflow, an Engineering / Simulation Software startup, as a customer.

  • Apr 1, 2026

    Added Lixo Journal Club, a startup in Research/Academia, as a customer.

Qarnot Filings

SEC and related filings with document metadata.

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Qarnot Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMontrouge, Île-de-France
Employee Range71
Year Founded2010
Last FundingJan 10, 2023

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