Quantum Systems, a leading provider of AI-powered aerial surveillance systems, has tripled its valuation and raised €180 million in a Series C Extension led by Balderton Capital, following its €160 million Series C in May, bringing the total amount raised in 2025 to €340 million. This puts the company’s valuation above €3 billion, marking the largest private capital raise in Europe’s dual-use sector and making the company Europe’s first dual-use unicorn. As in May, Balderton Capital was supported by an interdisciplinary Taylor Wessing team led by Berlin-based Corporate Technology Partner and VC growth expert Dr Norman Röchert.
Quantum Systems, headquartered in Gilching near Munich, employs just under 1,000 people and manufactures both reconnaissance and surveillance drones for military and civilians. The company will use the new capital to expand its development of AI, software, and hardware for intelligent unmanned systems, across all domains and to perform strategic acquisitions. The company will also scale massproduction capabilities in Germany and Europe to meet rising demand.
Balderton Capital, a London-based venture capital fund, focuses on supporting Europe’s most ambitious founders from seed to IPO and is considered one of Europe’s leading venture funds. Since its founding in 2000, it has raised twelve funds totalling more than $5.7 billion and invested in more than 275 companies.
Legal advisors to Balderton Capital
Taylor Wessing Germany: Lead counsel Dr Norman Röchert (Partner, Berlin), Dr Anna Hankings-Evans (Senior Associate, Berlin), Felix Paul (Professional Support Lawyer, Berlin) Jasmin Bechtold (Associate, Berlin), Johannes Philipp Tapken (Associate, Munich), all Corporate/Growth VC