Qarnot
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Qarnot - overview
Established
2010
Location
-, -, France
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Based in France, Qarnot Computing delivers innovative low-carbon cloud computing solutions, specializing in high-performance computing (HPC) and IT infrastructure services for various sectors, including aerospace and energy. 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 has secured funding through several rounds, with the most recent being a Series B round that raised EUR 12.
500 mn on April 12, 2025, from investors including ADEME Investissement and Societe Generale Ventures. The total amount raised by the company is EUR 12. 500 mn, and its current valuation is EUR 59. 665 mn.
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%. Their clientele includes engineering teams seeking sustainable innovation, with services available across Europe and North America, catering to the growing demand for eco-friendly computing.
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. Transactions are conducted directly with business clients, enhancing partnerships and service delivery in the low-carbon computing sector.
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. With the recent funding secured on April 12, 2025, from the European Innovation Council, Qarnot aims to enhance its product range and accelerate its market expansion efforts, particularly targeting new regions within Europe and North America.
Current Investors
EIT Digital, Avolta Partners, DATA4 SAS
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.qarnot.com
Verticals
Cloud Computing, IoT (Internet of Things), Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
Qarnot - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|
| Revenue (USD) | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - |
| EBITDA (USD) | - | - | - | - |
| Operating Income (USD) | - | - | - | - |
| Operating Margin | - | - | - | - |
| % EBITDA Margin | - | - | - | - |
| NET Income (USD) | (1,962,421) | - | - | - |
| % Net Margin | - | - | - | - |

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