Qvantum raises €42M Series B for heat pump expansion

Qvantum, a Swedish heat pump technology company, has closed a 460 MSEK (€42 million) Series B capital raise to accelerate growth and launch of next-generation electric heat pumps in urban Europe.

“The new capital will support Qvantum’s growth and expansion strategy and accelerate go-to-market of its next generation electric heat-pumps and innovative technology into densely populated urban areas and cities across Europe.”qvantum.com

• 2 sources
• qvantum.comQvantum raises € 42M to accelerate launch of next generation electric heat pumps to decarbonize urban Europe – QvantumEmma HarryssonJan 4, 2023
• naturalrefrigerants.comSwedish Manufacturer Qvantum Raises €42 Million for Accelerated R290 Residential Heat Pump Deployment · NaturalRefrigerants.comChristina HayesJan 30, 2023

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