QuantumDiamonds Secures €91M ($104.1M USD) to Scale Nitrogen-Vacancy Diamond Semiconductor Inspection Systems - Quantum Computing Report

Munich-based hardware developer QuantumDiamonds GmbH (QD) has closed a €91 million ($104.1 million USD) funding cycle to scale the serial production of its quantum-based semiconductor inspection equipment. The transaction architecture combines a €15 million ($17.1 million USD) Series A equity round led by World Fund with €76 million ($87 million USD) in non-dilutive manufacturing grants. This public capital pool was approved at the European Union level under the European Chips Act and is jointly funded by the German Federal Ministry for Economic Affairs and Energy and the Free State of Bavaria. With this authorization, the Technical University of Munich (TUM) spin-out [...]

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