About Qair
Qair is a company based in Montpellier (France) founded in 2017.. Qair has completed 3 acquisitions, including Britaniacrest Recycling, Green Switch Capital and Northacre Renewable Energy. Qair offers products and services including Onshore Solar, Offshore Wind, Green Hydrogen, and Battery Storage. Qair operates in a competitive market with competitors including Lightsource BP, SPIE, Reden Solar, TotalEnergies and NewHeat, among others.
- Headquarter Montpellier, France
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
$122.39 B (USD)51as on Dec 31, 2022
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Net Profit
$-41.93 B (USD)-30as on Dec 31, 2022
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EBITDA
$-26.93 B (USD)-15as on Dec 31, 2022
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Latest Funding Round
$63.93 M (USD), Debt – Conventional
Oct 09, 2025
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Investors
Crédit Agricole
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Britaniacrest Recycling
& 2 more
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Products & Services of Qair
Qair offers a comprehensive portfolio of products and services, including Onshore Solar, Offshore Wind, Green Hydrogen, and Battery Storage. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Develops and operates solar power projects for sustainable energy.
Manages floating and fixed wind farms for clean electricity.
Produces hydrogen through renewable sources for low-carbon applications.
Implements storage solutions to stabilize renewable energy supply.
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Funding Insights of Qair
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $63.9M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Debt – Conventional - Qair | Valuation |
investors |
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| May, 2024 | Amount | Debt – Conventional - Qair | Valuation |
investors |
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| Mar, 2024 | Amount | Debt – Conventional - Qair | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Qair
Qair has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Crédit Agricole, EBRD and Bpifrance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Corporate advisory services are provided across multiple sectors.
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Founded Year | Domain | Location | |
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RGREEN INVEST is engaged in green infrastructure investment management.
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Founded Year | Domain | Location | |
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Investments in infrastructure assets are managed by DIF firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Qair
Qair has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Britaniacrest Recycling, Green Switch Capital and Northacre Renewable Energy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of household waste disposing and energy services
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2011 | ||||
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Developer of solar and wind energy projects
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2010 | ||||
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Waste management and recycling services are provided in southern UK.
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Qair
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qair Comparisons
Competitors of Qair
Qair operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lightsource BP, SPIE, Reden Solar, TotalEnergies and NewHeat, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solar energy projects are developed and operated by Lightsource BP.
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| domain | founded_year | HQ Location |
SPIE is recognized as a leading European provider of multi-technical services in energy and communications.
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| domain | founded_year | HQ Location |
Developer of solar projects
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| domain | founded_year | HQ Location |
TotalEnergies is engaged in producing and marketing multi-energy solutions.
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| domain | founded_year | HQ Location |
Solar heat and waste heat recovery solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qair
Frequently Asked Questions about Qair
When was Qair founded?
Qair was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Qair located?
Qair is headquartered in Montpellier, France. It is registered at Montpellier, Occitanie, France.
Who is the current CEO of Qair?
Louis Blanchard is the current CEO of Qair.
What is the annual revenue of Qair?
Annual revenue of Qair is $122.39B as on Dec 31, 2022.
What does Qair do?
Qair was established in 2017 in Montpellier, France, as a developer within the renewable energy industry. Solar energy projects are designed, constructed, and managed by the company, with operations primarily based in Europe. Leadership is held by CEO Louis Blanchard. Focus is placed on advancing sustainable energy infrastructure through targeted project development. The companys online presence is maintained at qair.energy.
Who are the top competitors of Qair?
Qair's top competitors include Lightsource BP, TotalEnergies and Reden Solar.
What products or services does Qair offer?
Qair offers Onshore Solar, Offshore Wind, Green Hydrogen, and Battery Storage.
How many acquisitions has Qair made?
Qair has made 3 acquisitions, including Britaniacrest Recycling, Green Switch Capital, and Northacre Renewable Energy.
Who are Qair's investors?
Qair has 5 investors. Key investors include Crédit Agricole, EBRD, Bpifrance, CVC DIF, and RGREEN INVEST.