Quantum Systems extends Series B round to over €100 million
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2. October 2024
Hamburg — YPOG provided comprehensive legal advice to Quantum Systems on the expansion of its Series B financing round to over €100 million.
The round was led by new investors Notion Capital and Porsche SE.
Existing investors also participated again.
Quantum Systems has developed a clear competitive advantage through its state-of-the-art drones with integrated artificial intelligence (AI).
By combining hardware, software and AI, the company is transforming business operations and improving efficiency in various industries, including mining, construction, agriculture, utilities, public safety and defense.
In all of these sectors, the collection, analysis and processing of sensor data from the air offers decisive advantages.
With the additional funds of almost 40 million euros now raised — the original Series B brought Quantum Systems 63.3 million euros — the Munich-based company intends to drive forward its global expansion and invest in the further development of artificial intelligence (AI) and software.
The capital will enable the company to expand its production capacities and invest more in research and development.
In addition to Notion Capital and Porsche Automobil Holding SE, the existing investors also participated again.
Porsche SE should not be confused with Porsche AG: While SE is responsible for the asset management of the Porsche Piech family, AG is responsible for the automobile production of sports cars as a subsidiary of the VW Group. About Quantum Systems Quantum Systems specializes in the development, design and production of small unmanned aerial systems (sUAS).
The company’s electric vertical take-off and landing (eVTOL) aircraft are designed for maximum flight endurance and versatility, providing users with a seamless user experience.
Integrating cutting-edge software capabilities such as edge computing and real-time AI-powered data processing, Quantum Systems builds next-generation UAS for security, defense, public safety, commercial and geographic operations customers across Europe.
www.quantum-systems.com.
In October 2023, the YPOG team has already advised Quantum Systems on the first round of Series B financing.
Advisors Quantum Systems: Dr. Adrian Haase (Lead, Transactions), Partner, Hamburg Dr. Benjamin Ullrich (Transactions), Partner, Berlin Alexandra Steifensand (Transactions), Associate, Berlin/Hamburg Dr. Gerrit Breetholt (Transactions), Associate, Hamburg About YPOG YPOG is a specialist law firm for tax and commercial law, active in the core areas of funds, tax, banking + finance and transactions.
The YPOG team advises a wide variety of clients. These include emerging technology companies and family-run medium-sized enterprises as well as corporations and private equity/venture capital funds. YPOG is one of the leading addresses for venture capital, private equity and fund structuring in Germany. The firm and its partners are recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners and Leaders League.
The round was led by new investors Notion Capital and Porsche SE.
Existing investors also participated again.
Quantum Systems has developed a clear competitive advantage through its state-of-the-art drones with integrated artificial intelligence (AI).
By combining hardware, software and AI, the company is transforming business operations and improving efficiency in various industries, including mining, construction, agriculture, utilities, public safety and defense.
In all of these sectors, the collection, analysis and processing of sensor data from the air offers decisive advantages.
With the additional funds of almost 40 million euros now raised — the original Series B brought Quantum Systems 63.3 million euros — the Munich-based company intends to drive forward its global expansion and invest in the further development of artificial intelligence (AI) and software.
The capital will enable the company to expand its production capacities and invest more in research and development.
In addition to Notion Capital and Porsche Automobil Holding SE, the existing investors also participated again.
Porsche SE should not be confused with Porsche AG: While SE is responsible for the asset management of the Porsche Piech family, AG is responsible for the automobile production of sports cars as a subsidiary of the VW Group. About Quantum Systems Quantum Systems specializes in the development, design and production of small unmanned aerial systems (sUAS).
The company’s electric vertical take-off and landing (eVTOL) aircraft are designed for maximum flight endurance and versatility, providing users with a seamless user experience.
Integrating cutting-edge software capabilities such as edge computing and real-time AI-powered data processing, Quantum Systems builds next-generation UAS for security, defense, public safety, commercial and geographic operations customers across Europe.
www.quantum-systems.com.
In October 2023, the YPOG team has already advised Quantum Systems on the first round of Series B financing.
Advisors Quantum Systems: Dr. Adrian Haase (Lead, Transactions), Partner, Hamburg Dr. Benjamin Ullrich (Transactions), Partner, Berlin Alexandra Steifensand (Transactions), Associate, Berlin/Hamburg Dr. Gerrit Breetholt (Transactions), Associate, Hamburg About YPOG YPOG is a specialist law firm for tax and commercial law, active in the core areas of funds, tax, banking + finance and transactions.
The YPOG team advises a wide variety of clients. These include emerging technology companies and family-run medium-sized enterprises as well as corporations and private equity/venture capital funds. YPOG is one of the leading addresses for venture capital, private equity and fund structuring in Germany. The firm and its partners are recognized nationally and internationally by JUVE, Best Lawyers, Legal 500, Focus, Chambers and Partners and Leaders League.