Munich-based defense startup Quantum Systems has secured €150 million in long-term financing. €70 million of this comes from a loan from the European Investment Bank. Additional funding is being provided by Commerzbank, Deutsche Bank, and KfW, the companies announced a few days before the start of the Munich Security Conference.
Quantum Systems develops AI-powered drones and reconnaissance systems, which are currently being used in the war in Ukraine. The funding is intended to enable investments in technology, production capacity, and organizational growth.
Second EIB loan for Quantum Systems
This is the second round of financing for the Munich-based startup from the European Investment Bank (EIB). It already provided €10 million in June 2021. With this latest loan, the total capital committed by the EIB increases to €80 million. Together with the three commercial banks, this results in long-term debt financing of €150 million.
According to the parties involved, the agreement reflects adjustments to ESG frameworks. These are intended to make it easier for European banks to finance security-relevant technologies. The aim is to strengthen technological resilience and European sovereignty through capital from Europe.
Jonas Jarosch, co-founder of Quantum Systems, says:
"This package is a strong vote of confidence in our company, our technology and our vision."
The financing makes it possible to "scale responsibly while remaining firmly rooted in Europe".
The European Investment Bank also views the decision in terms of security policy.
Nadia Calviño, President of the bank, explains:
“Drones and aerial reconnaissance are already indispensable for Europe’s security – from defending Ukraine to protecting critical infrastructure and borders. With this €70 million financing, the EIB is supporting a European technology leader in Germany and demonstrating how public and private finance can strengthen Europe’s defense capabilities and better protect our citizens.”
A signal for Munich's startups
The current credit line complements several large equity rounds from 2025. At that time, Quantum Systems The company raised €160 million in a Series C financing round and later extended the round by a further €180 million. In total, this resulted in approximately €340 million in fresh equity capital.
Since its founding in 2015, the Munich defensive unicorn This has made it one of the most well-capitalized hardware startups in the region. For Munich's startup scene, this funding sends a strong signal. It demonstrates that even capital-intensive deep tech and defense tech startups in the region can access large-scale European financing. The fact that several major banks are partnering with a European development bank underscores the strategic importance of such companies for Munich as Germany's hub for the development of unmanned defense systems.
By combining extensive equity rounds with long-term debt financing, the Munich-based defense startup gains additional scope for growth without giving up any further shares.
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