2024
Capital raise (EUR 25m Series A)
Chestnut acted as financial advisor to Quatt
Omschrijving
Quatt is an Amsterdam based scale-up specializing in smart hybrid heat pumps. Since inception in 2021, Quatt has secured a market leading position in the Dutch hybrid heat pump market, installing over 9,000 smart hybrid heat pumps throughout the Netherlands.
The Series A financing will be used to accelerate the development of its product portfolio, including the ‘Hybrid’, ‘All-Electric’ and ‘Chill’ as well as for cross-border growth.
The funding was led by Blue Earth Capital ($1bn+ fund), with Seaya Andromeda (€300m+ fund) and Impact Equity completing the ticket.
Chestnut acted as financial advisor to Quatt in the fundraising process.