Startup Ticker: Quantum Systems Reaches 3 Billion Valuation Amid Mixed Sector Performance
Quantum Systems achieves 3 billion euro valuation following 180 million euro Series C extension. Superangels surpasses 100 investments milestone. Wefox targets profitability. Consalio faces insolvency. Aquapurna commercializes shrimp farming technology.
Quantum Systems, a Munich-based DefenseTech company specializing in electric drones with advanced sensor technology, has secured 180 million euros in Series C extension funding from prominent investors including Balderton Capital, Hensoldt, and Airbus Defence and Space, reaching a 3 billion euro valuation. Superangels, a Munich-based angel fund established in June 2023, has completed over 100 investments in early-stage technology companies, focusing on DeepTech, ClimateTech, and AI sectors.
Wefox, a Berlin-based InsurTech firm, anticipates achieving profitability this year with double-digit positive EBITDA following strategic market adjustments. Consalio, a Düsseldorf-based B2B SaaS startup, has filed for insolvency despite recent 1.2 million euro funding. Aquapurna has commercialized its shrimp farming technology after five years of development.
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