Berlin, 25.10.2023. Quantum Systems, Europe’s leading innovator in dual-use drone-robotics offering state-of-the-art multi-sensor technology for both government and commercial clients, announces the successful completion of its €63.6 million Series B funding round. This brings the total amount of funding for the Munich-based drone manufacturer to over €100 million. Leading the investment are HV Capital and DTCP, followed by Project A, Thiel Capital, ScaleUp Fonds Bayern, Omnes Capital, and Airbus Ventures.
Project A has been backing Quantum Systems since its Series A in 2022. Uwe Horstmann, General Partner, comments: “Recent geopolitical events have made it crystal clear that we as venture capital investors can no longer afford to ignore the complexities of defense technology, which includes dual-use concepts with multiple applications. That's why we're proud to continue to back Quantum Systems in becoming a major dual-use player that strengthens European and Western tech resilience.“