Qvantum develops and supplies heat pump generation technology tailored for urban apartment buildings and district systems. Its core product adapts heat pump configurations to specific building interiors and external thermal-transfer capacity. The systems include a connected control platform that reports to Qvantum's operational centre and enables data extraction and publication to support building operators or residents. Qvantum positions its technology as a decarbonisation solution for densely populated district networks that have historically favoured cheaper gas-fired heating. The article cites strong Nordic activity in large heat-pump projects and high Swedish uptake of heat pumps as market context for Qvantum's expansion. Qvantum announced an SEK 460 million (€41.2 million) fundraise backed by Thomas von Koch and IKEA's investment arm Ikeasfaren.

Total raised

$45M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2023