Quantum Systems, a German drone startup providing aerial intelligence for both government and commercial clients, has announced an additional Series B funding. This brings the total funding raised by the startup to over €100 million, including the €63.6 million raised last year.
Investment details
New lead investors are Notion Capital and Porsche Automobil Holding SE (Porsche SE). Existing investors also played a crucial role by participating
in this latest financing. Back in 2022, the company was backed by Peter Thiel.
With this new round of funding, Quantum Systems plans to accelerate its internationalisation efforts and fund further innovation. The additional capital will facilitate the scale up of production capabilities, as well as investments in research and development with a strong focus on software and AI.
Patrick Norris, General Partner at Notion Capital, commented on the investment: “Florian is a highly driven founder, motivated to defend European values. In such an uncertain world, we all need more homegrown success stories like Quantum Systems to make a difference and have an impact beyond economic profit.”
Dual-use drone-robotics
Founded by Armin Busse and Florian Seibel in 2015 in Munich, Quantum Systems specialises in developing, designing, and producing small Unmanned Aerial Systems (sUAS). The company’s range of electric vertical take-off and landing (eVTOL) sUAS are built to maximise range and versatility and provide operators with a seamless user experience.
Quantum Systems’ unique advantage lies in its state-of-the-art drones equipped with AI capabilities. Through the synthesis of hardware, software, and AI, it transforms business operations, enhancing efficiency across a diverse spectrum of verticals like mining, construction, agriculture, utilities, public safety and defence, in which the capture, analysis and further processing of sensor data from the air offers a significant advantage.
It is forecasted to participate above average from the sector’s growth according to the new investors. The market for compact drones is projected to grow by 20% annually in the coming years.
Florian Seibel, CEO and Co-Founder of Quantum Systems, emphasised the importance of the new partnerships: “With support from our new investors Porsche SE and Notion, we are not just securing funds; we are building partnerships that will drive innovation essential for Europe’s technological sovereignty, security and resilience.”
