Germany company Quantum Systems is Europe's new Unicorn
- Portugal Business News
- May 6
- 1 min read
Business News Europe - German company Quantum Systems is Europe's new Unicorn after raising €160M Series C funding that brings the total funding raised by Quantum Systemsto €310M at a valuation of €1 billion that officially makes them a Unicorn.
The new funding round raised by Quantum Systems was led by Balderton Capital, with participation from HENSOLDT, Airbus Defence and Space, Bullhound Capital, LP&E AG, and continued support from their existing investors HV Capital, Project A, Peter Thiel, DTCP, Omnes Capital, Airbus Ventures, Porsche Automobil Holding SE and Notion Capital.
The new investment raised by Quantum Systems strengthens their position as one of Europe’s leading providers of aerial intelligence solutions. Quantum Systems intends to accelerate R&D in their advanced AI-powered unmanned systems, and will expand production to meet growing global demand focused on strategic growth across Europe, America and APAC, driven by their 100% YOY revenue growth.
According to the co-CEO and co-founder of Quantum Systems, Florian Seibel: "The need for sovereign aerial intelligence has never been more pressing. Our systems, a powerful blend of hardware and software, are built for the realities of today's defence and security challenges - they are autonomous, interoperable and proven in harsh environments."
Quantum Systems has a team of 550+ talented individuals across Germany, the U.S., Australia, Ukraine and Romania and together, they are not just building advanced technology, but are rather shaping the future of aerial intelligence.
As goes the saying, "Never two without three", this is the third European Unicorn announced today, after the announcements made by Portuguese Unicorn TEKEVER and German Unicorn Parloa.
