QLM

Newport, United Kingdom Founded: 2017 • Age: 9 yrs
Quantum sensing technology is provided for natural gas leak detection.
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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
  • Sectors
    Technology
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Qlm Technology Ltd
  • Date of Incorporation 15 Mar, 2017
  • Jurisdiction CARDIFF, WALES
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Energy & Utilities → Oil & Gas
Technology → Quantum & Emerging Technologies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $23.43 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4.57 M (USD), Series A

    Nov 21, 2025

  • Investors
    SLB

    & 9 more

  • Employee Count
    11

    as on Jan 31, 2021

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People of QLM
Headcount 10-50
Employee Profiles 24
Board Members and Advisors 6
Employee Profiles
People
John Bennett
Head of Electronics
People
Matthew Hodgett
Product Engineer
People
Cayo Silva
Senior Software Engineer
People
Paul Hughes
CFO

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Board Members and Advisors
people
Bernie Bulkin Obe
Director And Chairman
people
John McCallion
Director
people
Richard Male
Board Observer
people
Carl Griffiths
Board Observer

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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 Rounds 3
  • Last Round Series A — $4.6M
  • 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
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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sector-agnostic incubation is offered to startups by Enterprise 100.
Founded Year Domain Location
Provider of equity funding and business & property development loans
Founded Year Domain Location
A portfolio of quantum technology investments is managed globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by QLM

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - QLM

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Qlm Comparisons

Employees
+
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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.

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Tomography solutions for oil and gas pipelines are provided.
domain founded_year HQ Location
Quantum-based scanning probe microscopes for field measurements are developed.
domain founded_year HQ Location
Satellite-based imaging services for greenhouse gas emission monitoring are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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 the top competitors of QLM?

QLM's top competitors include Novosound, GHGSat and SeekOps.

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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