The Munich deeptech startup Quantum Diamonds has reason to celebrate a proud sum of 91 million euros. The financing consists of a Series A round of 15 million euros plus an already approved grant of 76 million euros under the European Chips Act.
World Fund is leading the equity round. Bayern Kapital, IQ Capital, Earlybird, First Momentum, UnternehmerTUM Funding for Innovators, Creator Fund, Onsight Ventures, and several angel investors are also participating. According to the company, the 76 million euros in funding is provided by the German Federal Ministry for Economic Affairs and Energy and the Free State of Bavaria.
Quantum Diamonds develops precision measurement technology for the semiconductor industry. Founded in 2022 as a spin-off of the Technical University of Munich (TUM), the company combines quantum sensing with synthetic diamonds to detect errors in complex 3D chip architectures non-destructively and with high precision. According to its own information, Quantum Diamonds already works with nine of the ten leading chip manufacturers worldwide.
Production and team continue to grow
With the capital, Quantum Diamonds plans to further scale its technology and more than double its engineering team within the next twelve months. The company also plans to put the first phase of a new production facility in Munich into operation by 2026. The factory is being built with a total investment volume of 152 million euros.
CEO and co-founder Kevin Berghoff says:
“This financing is an important step in establishing quantum sensing in chip factories worldwide. The feedback from leading chip manufacturers speaks for itself: they see in Quantum Diamonds’ technology an efficiency gain that would not be achievable with current technology. With projects already underway in the USA and Taiwan and the ramp-up of series production in Munich, Europe is not only participating in the next phase of the chip era, but is shaping it significantly.”
Monika Steger, managing director of Bayern Kapital, says:
“The demand for highly complex chips that are manufactured in large quantities and with maximum efficiency according to demand will continue to grow as AI applications become increasingly prevalent in the market. Quantum Diamonds brings quantum sensing to a promising growth market and solves central challenges in quality management there. The founding team is highly qualified, already well networked in the industry, and equipped with a strong investor consortium. This combination makes Quantum Diamonds a technologically and commercially promising investment for us.”
