Jack Wang’s Post

Quantum Systems has just tripled its valuation in a round led by Balderton Capital, now valued above €3 billion! When Project A partnered with the founders in 2022 before #defencetech was obvious, we saw a company with the conviction and capability to build the most capable unmanned systems in the market. They were already executing at a pace few could match. Since then, they’ve grown into a true European powerhouse. Their platforms and software are now deployed by NATO forces across Europe and the US, as well as in Australia and New Zealand. And they continue to play a vital role in Ukraine, where their systems have been operating since the earliest days of the war. Project A remain committed to this partnership and to the vision the team continues to build. Congratulations to Florian Seibel, Sven Kruck and the whole team across the globe for this remarkable achievement. Also thank you Rana Yared and Balderton Capital for leading this round. Shout out to Thomas Preuss at DTCP, Dr. Christian Saller at HV Capital, @Moritz Doepfner, Susanne Wiegand and many Quantum Systems investors backing Florian Seibel and Sven Kruck alongside us. More on the news — and our reflections since the initial investment — in the comments. #defencetech #defensetech #defense #defence #tech #vc #startups