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Quantumdiamonds Picks €7M Funding To Launch Innovative Quantum Sensors For Diverse Industries

PRIVATENov 27, 2023

Amount Raised

€7 Million

Round Type

Funding Round

MunichManufacturingBiotechnology

Investors

Earlybird Venture CapitalBavarian StateEuropean Innovation Council AcceleratorUnternehmer TumCreator FundFirst MomentumOnsight VenturesIQ Capital

Description

QuantumDiamonds, a quantum sensing startup based in Munich, has announced to have secured €7 million in seed funding. UK-based VC IQ Capital and pan-European VC Earlybird, recognised for investments in N26 and UiPath, led the funding with €3 million. Additional contributions came from Onsight Ventures, First Momentum, Creator Fund, UnternehmerTUM, and several angel investors from the semiconductor industry. The remaining €4 million was provided by the European Innovation Council (EIC) Accelerator and the Bavarian state in grant funding.

Quick answer

QuantumDiamonds raised €7 Million in a Funding Round round, dated November 27, 2023. Investors: Earlybird Venture Capital, Bavarian State, European Innovation Council Accelerator, Unternehmer Tum, Creator Fund, First Momentum, Onsight Ventures and IQ Capital. QuantumDiamonds is based in Munich, Bavaria, Germany.

How much did QuantumDiamonds raise?
QuantumDiamonds raised €7 Million in a Funding Round round on November 27, 2023.
Who invested in QuantumDiamonds?
Earlybird Venture Capital, Bavarian State, European Innovation Council Accelerator, Unternehmer Tum, Creator Fund, First Momentum, Onsight Ventures and IQ Capital are named as investors in this round.
What does QuantumDiamonds do?
QuantumDiamonds provides characterized nitrogen-vacancy (NV) diamonds for quantum sensing to industrial and academic customers.
Where is QuantumDiamonds based and how big is it?
QuantumDiamonds is based in Munich, Bavaria, Germany. Fundz records about 59 employees.
Who are the decision-makers at QuantumDiamonds?
Fundz holds 5 contacts at QuantumDiamonds, including the CEO & Co-Founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing and Biotechnology around the same time

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

  • PolyPid raised $35M on January 9, 2024.
  • Vescent Technologies raised $3.4M (Seed) on January 5, 2024.
  • ViaLase raised $45M (Seed) on January 5, 2024.
  • Liquidia raised $100M (Funding Round) on January 4, 2024.
  • CardioMech AS raised $13M (Funding Round) on January 2, 2024.
  • Novabay raised $555K (Seed) on December 21, 2023.

Who to call at QuantumDiamonds, and when

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

  • An alert the day QuantumDiamonds raises, hires an executive or expands, scored against what you sell
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Company Information

Company

QuantumDiamonds

Location

Munich, Bavaria, Germany

About

QuantumDiamonds provides characterized nitrogen-vacancy (NV) diamonds for quantum sensing to industrial and academic customers. As a spin-off from the Technical University of Munich (TUM), we leverage our multiyear experience in nitrogen doping, vacancy creation, acid cleaning, and temperature treatment to create NV diamonds with the required quantum properties our customers require. We work with our customers on applications such as magnetic widefield imaging, surface NMR and single NVs.

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Related People

5 contacts
Verified contactsKevin B., CEO & Co-Founder hidden hiddenSee plans and pricing
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QuantumDiamonds raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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