Aquark Technologies, a Southampton, UK-based quantum sensing company, raised €5M in Seed funding.
The round was led by NATO Innovation Fund, with participation from EIFO, UKI2S (managed by Future Planet Capital), and MBDA.
The company intends to use the funds to scale and availability of its technology.
Led by CEO Andrei Dragomir, and COO Alexander Jantzen, Aquark Technologies has developed a high-performing, magnetic field-free cold atom trap. Its patented, novel method of constructing cold atom quantum sensors without magnetic fields enables them to reduce the size, weight, power consumption and cost of their sensors. This means the technology is mobile and robust and can therefore be used in remote and difficult terrains such as underwater and in the air.
FinSMEs