German drone manufacturer Quantum Systems has successfully closed a €100 million Series B funding round to further develop its cutting-edge drone technology. The Munich-based company is at the forefront of the drone industry, specializing in advanced fixed-wing drones for various applications such as surveying, mapping, and surveillance.
The financing round was led by global growth equity firm General Atlantic, with participation from existing investors such as venture capital firms btov Partners and TQU Ventures. This marks one of the largest funding rounds in the European drone industry, signaling the growing interest and confidence in Quantum Systems and its innovative products.
Quantum Systems’ drones are known for their high precision, long range, and ability to operate in challenging environments. The company’s flagship product, the Trinity F90+, is a versatile drone that combines VTOL (Vertical Take-Off and Landing) capabilities with long-endurance flight, making it ideal for missions that require both speed and efficiency.
With the new funding, Quantum Systems plans to further enhance its drone technology and expand its market reach. The company aims to leverage the investment to scale up production, accelerate product development, and strengthen its position in key markets around the world.
“We are excited to have the support of General Atlantic and our existing investors as we continue to push the boundaries of drone technology,” said Florian Seibel, CEO of Quantum Systems. “This funding will allow us to innovate faster, deliver superior products to our customers, and drive the growth of our company.”
Quantum Systems’ successful Series B round demonstrates the increasing demand for advanced drone technology and the company’s strong position in the market. As Quantum Systems continues to innovate and expand, it is poised to play a significant role in shaping the future of the drone industry.
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