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Quantum Brilliance raised $30 million in a Series A funding round led by Breakthrough Victoria and the National Reconstruction Fund to establish Australia’s first quantum diamond foundry.

PRIVATEDec 10, 2024

Amount Raised

$30 Million

Round Type

Series A

SydneyManufacturingInformation TechnologySoftwareScience And Engineering

Investors

Breakthrough VictoriaNational Reconstruction Fund

Description

Quantum Brilliance has secured a total of $30 million in a Series A funding round, with $10 million from Breakthrough Victoria and $13 million from the National Reconstruction Fund. The funding will be used to advance the design and fabrication of diamond quantum devices, establishing Australia’s first quantum diamond foundry.

Quick answer

Quantum Brilliance raised $30 Million in a Series A round, dated December 10, 2024. Investors: Breakthrough Victoria and National Reconstruction Fund. Quantum Brilliance is based in Sydney, New South Wales, Australia.

How much did Quantum Brilliance raise?
Quantum Brilliance raised $30 Million in a Series A round on December 10, 2024.
Who invested in Quantum Brilliance?
Breakthrough Victoria and National Reconstruction Fund are named as investors in this round.
What does Quantum Brilliance do?
Quantum Brilliance, founded in 2019 and grown out of research conducted at the Australian National University and University of Stuttgart, is a global leader in diamond-based quantum technology.
Where is Quantum Brilliance based and how big is it?
Quantum Brilliance is based in Sydney, New South Wales, Australia. Fundz records about 96 employees.
Who are the decision-makers at Quantum Brilliance?
Fundz holds 1 contact at Quantum Brilliance, including the CEO . Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Science And Engineering and Manufacturing around the same time

Companies in the same sectors as Quantum Brilliance that raised within 45 days of this round, from Fundz verified event records.

  • Agility Robotics raised an undisclosed amount on November 14, 2024.
  • MED-X raised $428K on January 23, 2025.
  • BPR Hub raised $2.6M (Seed) on January 20, 2025.
  • MetAI raised $4M (Seed) on January 15, 2025.
  • Synthesia raised $180M (Series D) on January 15, 2025.
  • Cursor raised $105M (Funding Round) on January 15, 2025.

Who to call at Quantum Brilliance, and when

A new round usually means Quantum Brilliance is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Quantum Brilliance

Location

Sydney, New South Wales, Australia

About

Quantum Brilliance, founded in 2019 and grown out of research conducted at the Australian National University and University of Stuttgart, is a global leader in diamond-based quantum technology. QB specializes in the design, fabrication and manufacturing of small, ruggedized diamond quantum devices, operating at room temperature. As a full-stack hardware and software company, with operations in Australia and Germany, QB’s mission is to enable the mass deployment of quantum technology, facilitating its integration into everyday devices and high-performance computing systems.

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Related People

1 contact
Verified contactsAndrew H., CEO hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Quantum Brilliance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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