VCMCVC Market Cap
Menu

Funding round

Quantum Systems Series D

Quantum Systems, which works in unmanned aerial system manufacturing in Gilching, raised $1.20B in a Series D round announced on 2 Jul 2026, led by Blackstone, Noteus, Airbus Ventures and Advent International, at a $8.00B post-money valuation. 12 firms took part, 3 of them already investors. It is Quantum Systems' fourth venture round on record; the one before was a Series C in Nov 2025.

$1.20B

Amount raised

$8.00B

Post-money valuation

$6.80B pre-money

12

Investors

4 leads

2.3x

Step-up from the Series C

$3.50B in Nov 2025

15%

Stake sold

new money over the post-money

Valuation

What this round says about the price

This round priced Quantum Systems at $8.00B after the new money, 2.3 times the $3.50B of its Series C (Nov 2025). The $1.20B bought investors about 15% of the company. It came 8 months after Quantum Systems' Series C. It is 77% of the $1.55B Quantum Systems has raised in the venture rounds on record. No later venture round is on record for Quantum Systems.

Quantum Systems' funding rounds

Quantum Systems has 4 venture rounds on record. This one is highlighted.

  1. Series A 8 Jun 2022, led by Bayern Kapital $32M
  2. Series B 30 Sep 2024, led by Notion Capital and Porsche SE $112M
  3. Series C 27 Nov 2025, led by Balderton Capital $210M$3.50B post-money
  4. Series D this round 2 Jul 2026, led by Blackstone, Noteus and Airbus Ventures $1.20B$8.00B post-money

Investors

Who put money in

Blackstone, Noteus, Airbus Ventures and Advent International led the round with 8 other firms. Blackstone, Balderton Capital and HV Capital had backed Quantum Systems before.

Lead investors

  • Blackstone backs 83 venture-backed companies existing investor
  • backs 4 venture-backed companies new investor
  • backs 46 venture-backed companies new investor
  • Advent International backs 36 venture-backed companies new investor

Also in the round

  • BOND backs 91 venture-backed companies new investor
  • Fidelity Management & Research Company new investor
  • Wellington Management new investor
  • backs 12 venture-backed companies new investor
  • Elephant Lake Ventures new investor
  • Balderton Capital backs 140 venture-backed companies existing investor
  • HV Capital backs 124 venture-backed companies existing investor
  • Fidelity Management and Research Company

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.

  • Product development
  • Geographic expansion
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

13 Series D rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $500M, and this round was 2.4 times the median. The closest in time, other companies' Series D rounds in Aerospace and Defence:

Series D rounds in Aerospace and Defence, Jul 2025 to Oct 2026: 13 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
K2 Space Aerospace and Defence30 Jul 2026$500M$6.80BKleiner Perkins and ICONIQ
Hadrian Aerospace and Defence6 Aug 2026$1.37B$7.87BWCM Investment Management and Washington Harbour
Impulse Space Aerospace and Defence2 Jun 2026$500M$4.26B137 Ventures and Banner VC
Isar Aerospace Aerospace and Defence9 Jun 2026$310M$2.30Bnot named
Aerospace and Defence19 Jun 2026$195Mnot disclosednot named
Varda Space Industries Aerospace and Defence30 Sep 2026$251M$1.60BLux Capital and Natural Capital
True Anomaly Aerospace and Defence28 Apr 2026$650M$2.20BEclipse and Riot Ventures
Aerospace and Defence22 Oct 2026$250M$2.45Bnot named

Sources

Where this comes from

Reported by 3 sources.

Questions

Frequently asked

How much did Quantum Systems raise in its Series D round?

Quantum Systems raised $1.20B in its Series D round, announced in Jul 2026.

Who led Quantum Systems' Series D round?

Blackstone, Noteus, Airbus Ventures and Advent International led it, with BOND, Fidelity Management & Research Company, Wellington Management, A.P. Moller Holding and Elephant Lake Ventures and 3 more.

What was Quantum Systems' valuation at the Series D round?

$8.00B post-money ($6.80B pre-money).

How does it compare with other Series D rounds in Aerospace and Defence?

13 Series D rounds in Aerospace and Defence within a year either side disclosed an amount; the median was $500M, and this round was 2.4 times the median.