Florian Seibel, CEO of Quantum Systems, with the Vector drone
Photo: Quantum Systems

Quantum Systems expands Series B to 100 million euros

Munich-based drone manufacturer Quantum Systems successfully expanded its Series B financing round, raising additional funds. The total amount raised in the round now stands at €100 million. The new lead investors include Notion Capital and Porsche SE.

Quantum Systems' compact drones can take off and land vertically and can be equipped with a variety of different sensors. Furthermore, the drones are particularly characterized by their flexible and mobile deployment, ease of use, high-performance flight control software, and integrated AI functionalities. Originally designed for Topics such as search and rescue operations, smart farming, open-cast mining and large construction sites The Munich-based company has since become an important supplier to various armed forces. Quantum Systems not only supplies the Ukrainian armed forces – for which a new plant in Ukraine was built – but also the Bundeswehr.

With the additional funds now collected of almost 40 million euros – the original Series B Quantum Systems raised €63.3 million – the Munich-based company aims to accelerate its global expansion and invest in the further development of artificial intelligence (AI) and software. In addition to Notion Capital and Porsche Automobil Holding SE, existing investors also participated again. Porsche SE should not be confused with Porsche AG: While the SE is responsible for the asset management of the Porsche Piech family, the AG is responsible for the production of sports cars as a subsidiary of the VW Group.

Notion Capital: We need “more homegrown success stories like Quantum Systems”

Florian Seibel, CEO and co-founder of Quantum Systems, explains:

"With the support of our investors, we are building partnerships that will drive innovations essential for Europe's technological sovereignty, security, and resilience. I am grateful to all our investors who have supported us along this journey—the best is yet to come. But one thing is certain: without security, nothing is worth anything."

He also has special words for the new investor, Porsche. What both companies have in common, Seibel says, is their understanding of technology and perfection.

Lutz Meschke, Member of the Executive Board for Investment Management at Porsche SE, says:

"Drone technology has evolved rapidly in recent years. The market potential of this technology is extremely high. Quantum Systems, with its leading technology platform, will participate disproportionately in the growth of this sector. The market for compact drones is expected to grow by 20 percent per year in the coming years." 

And Patrick Norris, General Partner at Notion Capital, adds:

"Florian is a highly motivated founder committed to European values. In such an uncertain world, we all need more local success stories like Quantum Systems to make a difference and achieve an impact that goes beyond economic profit."

Successful projects with partners such as Airbus

To this end, Quantum Systems is also collaborating with other companies, such as Airbus. The partners recently announced a breakthrough in the development of drone swarm technologies. In a demonstration in early August, drone swarms powered by artificial intelligence successfully completed several test scenarios – including those involving radio interference or the failure of individual drones. This is based on advanced deep reinforcement learning, in which the AI independently optimizes its tactics in a simulation, enabling it to make more precise decisions in tactical operations.

And other startups are also among Quantum Systems’ partners, such as the Munich-based ArxArx develops unmanned ground vehicles; together, the two companies aim to offer improved unmanned solutions tailored to the increasing autonomy of the battlefield. This cooperation has now been expanded with the founding of the UXS Alliance: In addition to the two Munich-based companies, it includes other developers and providers of unmanned solutions. The goal of the new alliance is to pool German and European expertise and make a significant contribution to NATO and European security.

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Maximilian Feigl

Maximilian Feigl has been reporting on the Munich startup ecosystem since 2020. The political scientist is particularly interested in deeptech topics.

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