Quantron, the Germany and US-based hydrogen trucking manufacturer, has publicly announced its process to seek investment from North American investors, according to a news release.
Stifel is leading the process, seeking to raise EUR 200m, as previously reported by The Hydrogen Source.
“To further accelerate its growth, Quantron has officially kicked off its B-round funding with lead advisor Stifel, seeking 200 – 250 million euro equity investment and 100 million euro in growth funding, recording strong registrations of interest from strategic and energy investors,” the release states.
The company recently announced commitments with FirstElement Fuel and Goldstone Technologies Limited. Quantron debuted its Class 8 hydrogen fuel-cell truck in the US at the Advanced Clean Transportation Expo in Anaheim, California in April.
“In addition to exciting business growth, Quantron is expanding its financial team with a new chief financial officer, Beate Reiman,” the release states.
