QLM Raises $14m Series A - Britbots
Congratulations to QLM Technology
who have announced the closing of their Series A funding and the signing of a Collaboration Agreement with Schlumberger.This latest round of investment occurred at over a 14x valuationto the valuation at Britbots' initial investment.
QLM has developed a new type of LiDAR (laser imaging, detection, and ranging) camera based on quantum technology that can see and accurately quantify greenhouse gas emissions. The gas imager enables customers to monitor, detect and accurately locate and quantify Greenhouse Gas (GHG) emission sources for rapid repair. A related version of the product enables remote quantification of flare efficiency.
Further details: https://www.bristol.ac.uk/temple-quarter-campus/research-teaching-and-partnerships/qtic/news/2022/au...
If you are an entrepreneur looking for pre-seed or seed investment in the automation, artificial intelligence or robotics space please email alex@britbots.com