🏆 Deal of the Week · CW 37/2022
QUANTRON raised EUR 50M in a Series A round at a post-money valuation of EUR 200M. The round was co-led by Ballard Power Systems and Neuman & Esser, forming what the investors described as a hydrogen alliance for a 360-degree H2 ecosystem. The deal was recognised as Deal of the Week for KW 37/2022.
QUANTRON — key deal facts
| Company | QUANTRON |
| Founded | 2019 |
| Headquarters | Gersthofen, Germany |
| Amount raised | EUR 50M |
| Valuation | EUR 200M |
| Round | Series A |
| Investors | Ballard Power Systems (https://www.ballard.com/) Neuman & Esser (https://www.neuman-esser.de/) |
| Sectors | Electric Vehicle |
Who invested in QUANTRON?
The round was funded by Ballard Power Systems, a Canadian hydrogen fuel cell manufacturer, and Neuman & Esser, a German industrial machinery and process technology group. The combination is strategically notable: Ballard brings fuel cell technology and hydrogen drivetrain expertise, while Neuman & Esser contributes industrial hydrogen infrastructure capabilities, creating an integrated supply-chain partnership rather than a purely financial investment.
What does QUANTRON do?
QUANTRON is a German commercial vehicle company founded in 2019 by Andreas Haller, who serves as founder and Chairman. The company develops all-electric and hydrogen fuel cell drivetrains for trucks, buses, and vans, targeting the sustainable heavy-mobility segment. Its product portfolio includes the QLI light truck, the QHM heavy truck available in both BEV and FCEV configurations, and the Cizaris 12 EV electric city bus. QUANTRON is headquartered in Gersthofen, Germany.
QUANTRON valuation & multiples
Explore the benchmarks: Series A.
Frequently asked questions
How much did QUANTRON raise in its Series A?
QUANTRON raised EUR 50M in its Series A round, announced in September 2022 (KW 37/2022).
What is QUANTRON's valuation?
QUANTRON's post-money valuation at the time of its Series A was EUR 200M.
Who invested in QUANTRON?
The Series A was funded by Ballard Power Systems and Neuman & Esser.
When was QUANTRON founded and where is it based?
QUANTRON was founded in 2019 and is headquartered in Gersthofen, Germany.
Source: original announcement — read the full report.