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Quantum Systems Raises €63.6M Series B Becoming The First European Company To Raise Over €100M On Dual-Use Tech

Oct 24, 2023

Amount Raised

€63.6 Million

Round Type

Series B

GilchingManufacturingAerospace

Investors

Thiel CapitalProject A VenturesUwe HorstmannAirbus VenturesOmnes CapitalScale Up Fonds BayernProject ADtcpHV Capital

Description

Today Munich AI-powered drone robotics company Quantum Systems announced the successful completion of its €63.6 million Series B funding round.

Quick answer

Quantum Systems raised €63.6 Million in a Series B round, dated October 24, 2023. Investors: Thiel Capital, Project A Ventures, Uwe Horstmann, Airbus Ventures, Omnes Capital, Scale Up Fonds Bayern, Project A and Dtcp. Quantum Systems is based in Gilching, Bayern, Germany.

How much did Quantum Systems raise?
Quantum Systems raised €63.6 Million in a Series B round on October 24, 2023.
Who invested in Quantum Systems?
Thiel Capital, Project A Ventures, Uwe Horstmann, Airbus Ventures, Omnes Capital, Scale Up Fonds Bayern, Project A and Dtcp are named as investors in this round.
What does Quantum Systems do?
The company recently secured a significant contract with the German Armed Forces for Vector reconnaissance drones, strengthening European security.
Where is Quantum Systems based and how big is it?
Quantum Systems is based in Gilching, Bayern, Germany. Fundz records about 710 employees.
Who are the decision-makers at Quantum Systems?
Fundz holds 2 contacts at Quantum Systems, including the Vice President Ground Domain. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Aerospace and Manufacturing around the same time

Companies in the same sectors as Quantum Systems that raised within 45 days of this round, from Fundz verified event records.

  • CoreEL Technologies raised $16M (Funding Round) on December 5, 2023.
  • Ursa Major Technologies raised $138M (Funding Round) on November 30, 2023.
  • ZeroAvia raised $116M (Series C) on November 27, 2023.
  • X-Bow Systems raised an undisclosed amount (Funding Round) on November 16, 2023.
  • Garuda Aerospace raised $3.3M (Seed) on October 25, 2023.
  • Stoke Space raised $100M (Series B) on October 6, 2023.

Who to call at Quantum Systems, and when

A new round usually means Quantum Systems is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Quantum Systems raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Quantum Systems, from your own LinkedIn network

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Company Information

Company

Quantum Systems

Location

Gilching, Bayern, Germany

About

The company recently secured a significant contract with the German Armed Forces for Vector reconnaissance drones, strengthening European security. Quantum Systems is at the forefront of unmanned aerial system (UAS) development as an aerial data intelligence company, specialising in multi-sensor data collection drones for government agencies and commercial customers.

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Related People

2 contacts
Verified contactsHendrik K., Vice President Ground Domain hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Quantum Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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