🏆 Deal of the Week · KW 30/2025
Q.ANT raised EUR 62 million in a Series A round; the post-money valuation was not disclosed. The round was backed by a syndicate of ten investors spanning corporate, strategic, and institutional venture capital. Q.ANT is a Stuttgart-based photonic computing company founded in 2018 as a spin-off from TRUMPF.
Q.ANT — key deal facts
| Company | Q.ANT |
| Founded | 2018 |
| Headquarters | Stuttgart, Germany |
| Amount raised | EUR 62m |
| Valuation | Valuation Remains Undisclosed |
| Round | Series A |
| Investors | Verve Ventures, Venionaire Capital, UVC Partners, TRUMPF, Onsight Ventures, LEA Partners, L-Bank, imec.xpand, Grazia Equity, Cherry Ventures |
| Sectors | Manufacturing, Quantum Computing, Semiconductor |
Who invested in Q.ANT?
The Series A was supported by Verve Ventures, Venionaire Capital, UVC Partners, TRUMPF, Onsight Ventures, LEA Partners, L-Bank, imec.xpand, Grazia Equity, and Cherry Ventures. The investor mix is notable for combining TRUMPF—Q.ANT's corporate parent and a strategic anchor—with dedicated deep-tech funds, a state development bank (L-Bank), and the pan-European semiconductor-focused vehicle imec.xpand. This breadth of backers reflects the capital intensity and long development cycles typical of photonic hardware and quantum sensor companies.
What does Q.ANT do?
Q.ANT develops photonic processing solutions that compute natively with light, targeting energy-efficient alternatives to conventional silicon-based hardware for AI inference and high-performance computing workloads. Its flagship product is the photonic Native Processing Server (NPS); the company also produces quantum sensors for applications including magnetometry and aerospace navigation. Q.ANT operates a pilot fabrication line for photonic chips based on Thin-Film Lithium Niobate at its headquarters in Stuttgart, Germany. The company was founded in 2018 by Dr. Michael Förtsch, who serves as CEO, and originated from the R&D laboratories of industrial technology group TRUMPF.
Q.ANT valuation & multiples
No existing multiples analysis was provided for this deal. Once revenue figures become available, valuation benchmarking for Q.ANT can be contextualised against EV/Sales and EV/EBITDA ranges prevailing in the Semiconductor and Quantum Computing sectors. Visit the Venionaire DealMatrix sector multiples pages for Manufacturing, Quantum Computing, and Semiconductors to explore current trading and transaction comparables.
Explore the benchmarks: Series A Manufacturing.
Frequently asked questions
How much did Q.ANT raise in its Series A?
Q.ANT raised EUR 62 million in its Series A round; the closing date was reported in KW 30/2025.
What is Q.ANT's valuation?
Q.ANT's post-money valuation was not disclosed as part of the Series A announcement.
Who invested in Q.ANT?
The Series A was backed by Verve Ventures, Venionaire Capital, UVC Partners, TRUMPF, Onsight Ventures, LEA Partners, L-Bank, imec.xpand, Grazia Equity, and Cherry Ventures.
When was Q.ANT founded and where is it based?
Q.ANT was founded in 2018 and is headquartered in Stuttgart, Germany.
Source: original announcement — read the full report.