QuantumDiamonds raises €91M for quantum chip defect detection
- Source
- The Next Web
- Time
- 2:22 PM
- Weight
- 94/100
QuantumDiamonds, a Munich-based startup and spin-out from the Technical University of Munich, has raised €91 million to advance its quantum-based chip inspection technology. The funding includes a €15 million equity round led by World Fund and €76 million in state aid approved under the European Chips Act.
This marks the first time a startup has received manufacturing funding through the Chips Act, a resource previously reserved for established industry giants. The investment will support the construction of a €152 million production facility in Munich, as Europe seeks to strengthen its domestic semiconductor supply chain and technological sovereignty.