A consortium of investors led a $37.5m funding round in Qarnot.

A consortium of investors, including Société Générale, Demeter, ADEME Investissement, Colam Impact, and La Banque des Territoires led a $37.5m funding round in Qarnot, a technology startup. “Having these new investors on board with us is an insurance to massively deploy our technologies and achieve our industrial-scale development. Leading cloud actors focus their strategy on sourcing renewable energy, mostly intermittent. This is only a partial and unsustainable solution to answer the booming IT infrastructure needs. We are committed to proving that tech performance may be combined with environmental concerns and digital sovereignty,” Paul Benoit, Qarnot CEO and Co-Founder.