Qvantum raises EUR 108 million to scale production capacities and drive geographic expansion
· The Series C capital will be allocated to enhance and scale Qvantum’s production capacities, to continue to develop innovative products and to drive geographic expansion across the European markets · Lead investors in Series C capital raise include Thomas von Koch, IMAS Foundation and Mats Rahmström who also joins the Qvantum Board of Directors The Swedish heat-pump systems and technology company Qvantum today announces the closing of its EUR 108 million Series C capital raise, which includes a debt facility of EUR 15 million.Europe remains highly dependent on import of fossil