About QLM
QLM is a company based in Newport (United Kingdom) founded in 2017.. QLM has raised $23.43 million across 3 funding rounds from investors including SLB, Newable and Development Bank of Wales. The company has 11 employees as of January 31, 2021. QLM operates in a competitive market with competitors including Silixa, CorrosionRADAR, Rocsole, Qnami and GHGSat, among others.
- Headquarter Newport, United Kingdom
- Employees 11 as on 31 Jan, 2021
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Sectors
TechnologyEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Qlm Technology Ltd
- Date of Incorporation 15 Mar, 2017
- Jurisdiction CARDIFF, WALES
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$23.43 M (USD)
in 3 rounds
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Latest Funding Round
$4.57 M (USD), Series A
Nov 21, 2025
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Investors
SLB
& 9 more
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Employee Count
11
as on Jan 31, 2021
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Funding Insights of QLM
QLM has successfully raised a total of $23.43M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.57 million completed in November 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $4.6M
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First Round
First Round
(09 Apr 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series A - QLM | Valuation | The FSE Group |
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| Aug, 2022 | Amount | Series A - QLM | Valuation | Schlumberger | |
| Apr, 2021 | Amount | Seed - QLM | Valuation | Green Angel Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in QLM
QLM has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include SLB, Newable and Development Bank of Wales. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Sector-agnostic incubation is offered to startups by Enterprise 100.
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Founded Year | Domain | Location | |
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Provider of equity funding and business & property development loans
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Founded Year | Domain | Location | |
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A portfolio of quantum technology investments is managed globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by QLM
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - QLM
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qlm Comparisons
Competitors of QLM
QLM operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Silixa, CorrosionRADAR, Rocsole, Qnami and GHGSat, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of fibre optic monitoring solutions for the oil and gas industry
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| domain | founded_year | HQ Location |
Provider of corrosion management solution for the oil and gas industry
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| domain | founded_year | HQ Location |
Tomography solutions for oil and gas pipelines are provided.
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| domain | founded_year | HQ Location |
Quantum-based scanning probe microscopes for field measurements are developed.
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| domain | founded_year | HQ Location |
Satellite-based imaging services for greenhouse gas emission monitoring are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qlm
Frequently Asked Questions about QLM
When was QLM founded?
QLM was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is QLM located?
QLM is headquartered in Newport, United Kingdom.
Who is the current CEO of QLM?
Murray Reed is the current CEO of QLM.
Is QLM a funded company?
QLM is a funded company, having raised a total of $23.43M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4.26M, raised on Apr 09, 2021.
How many employees does QLM have?
As of Jan 31, 2021, the latest employee count at QLM is 11.
What does QLM do?
QLM was founded in 2017 and is based in Newport, United Kingdom. Quantum sensing solutions are developed for detecting natural gas leaks from wellheads and pipeline operations. These technologies are integrated with drones and applied in oil and gas sectors, industrial monitoring, biogas facilities, and agricultural emission systems. Operations focus on precise, non-invasive detection methods across these areas.
Who are QLM's investors?
QLM has 10 investors. Key investors include SLB, Newable, Development Bank of Wales, ChampionX, and Enterprise 100.
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