About QLM
QLM is a Technology company based in Newport (United Kingdom) founded in 2017. Quantum sensing technology is provided for natural gas leak detection. It operates in the Technology and Energy & Utilities sectors. 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. Its chief executive, as recorded, is Murray Reed. Its focus areas include Energy Tech, Oil & Gas Tech, Tech for Vertically Integrated Players and Emissions Management. Its legal entity is QLM TECHNOLOGY LTD. Its competitors include Silixa, CorrosionRADAR and Novosound; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Newport, United Kingdom
- Employees 11
- SectorsTechnologyEnergy & Utilities
- Email••••••••
- Website qlmtec.com
- Social LinkedIn X
- Legal Name Qlm Technology Ltd
- Date of Incorporation 15 Mar, 2017
- Jurisdiction CARDIFF, WALES
- Total Equity Funding$23.43M (USD)
in 3 rounds
- Latest Funding Round$4.57M (USD), Series A
Nov 2025
- InvestorsSLB
& 9 more
- Employee Count11
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 $23.43M
- Total Rounds 3
- Last Round Series A — $4.57M
- First Round $4.26M
(Apr 2021)
- Investors Count 10
All 3 funding rounds of QLM with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | $4.57M | Series A | – | The FSE Group | – |
| Aug 2022 | $14.59M | Series A | – | Schlumberger | |
| Apr 2021 | $4.26M | Seed | – | Green Angel Ventures |
10 investors in total: 10 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic incubation is offered to startups by Enterprise 100. | enterprise100.co.uk | London, United Kingdom | ||
Provider of equity funding and business & property development loans | 2001 | developmentbank.wales | Wrexham, United Kingdom | |
A portfolio of quantum technology investments is managed globally. | quantumexp.co.uk | London, United Kingdom | ||
Britbots is focused on supporting UK-based robotics and AI businesses. | britbots.com | United Kingdom | ||
Green Angel Ventures is focused on investing in climate startups. | greenangelventures.com | London, United Kingdom | ||
Funding solutions are provided by The FSE Group for businesses. | thefsegroup.com | |||
Business loans are provided to UK enterprises by Newable. | 1982 | newable.co.uk | London, United Kingdom | |
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | slb.com | United States | |
A club connecting high-net-worth individuals with early-stage businesses for investment is operated. | 2016 | bristolprivateequityclub.com | Bristol, United Kingdom | |
Provider of drilling and automation services | 1982 | championx.com | United States |
Investor details for QLM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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People of QLM
31 people are tracked at QLM (11 in leadership, 6 in board & advisors, 14 in team); the tracked headcount is 11.
| Name | Role | Group |
|---|---|---|
Murray Reed | CEO | Leadership |
John Bennett | Head of Electronics | Leadership |
Paul Hughes | CFO | Leadership |
John Powell | Head of Supply Chain | Leadership |
Xiao Ai | CTO | Leadership |
Chris Wardle | Chief Manufacturing Officer | Leadership |
Alex Dunning | Head of Engineering | Leadership |
Andrew Weld | Head of Research & Development | Leadership |
Josh Clayton | Head Of Product Engineering | Leadership |
David Batten | Head Of Finance | Leadership |
Gavin Lindsay | Head of Business Development | Leadership |
Bernie Bulkin Obe | Director And Chairman | Board & advisors |
John McCallion | Director | Board & advisors |
Richard Male | Board Observer | Board & advisors |
Carl Griffiths | Board Observer | Board & advisors |
Debashis Gupta | Investor Director | Board & advisors |
John Rarity | Board Observer | Board & advisors |
Matthew Hodgett | Product Engineer | Team |
Cayo Silva | Senior Software Engineer | Team |
Kelvin Adams | Assembly/test Technician | Team |
11 more people are available in the full profile.
Complete people profiles for QLM
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of QLM
3 dated milestones of QLM across 8 years, from founding to its latest funding, stage changes and deals.
- Founded QLM is founded.
- Funding First funding round of $4.3M.
- Funding Latest funding round, Series A, of $4.6M.
Competitors of QLM
QLM has 3 listed competitors in our database, 3 of them funded. They include Silixa, CorrosionRADAR and Novosound.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| silixa.com | 2007 | London, United Kingdom | $18M | 120 | Provider of fibre optic monitoring solutions for the oil and gas industry | |
| corrosionradar.com | 2016 | Cranfield, United Kingdom | $14.38M | 18 | Provider of corrosion management solution for the oil and gas industry | |
| novosound.net | 2018 | Glasgow, United Kingdom | $6.24M | 35 | Ultrasound sensors for pipeline monitoring and fault detection are provided. |
Detailed competitors of QLM
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Web traffic of QLM
The website of QLM (qlmtec.com) receives about 4.3K visits a month.
- Monthly visits4.3K
▲ 25.4% vs previous month
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Complete news archive for QLM
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Frequently Asked Questions about QLM
QLM was founded in 2017 and raised its 1st funding round 4 years after it was founded.
QLM is headquartered in Newport, United Kingdom.
Murray Reed is the CEO of QLM, as recorded in our data.
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 2021.
QLM has 11 employees.
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.
QLM's top competitors include Novosound, CorrosionRADAR and Silixa.
QLM has 10 investors. Key investors include SLB, Newable, Development Bank of Wales, ChampionX, and Enterprise 100.
QLM operates through Qlm Technology Ltd.