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Quantum Motion adds investors in second close of Series C

Quantum Motion adds investors in second close of Series C Image: DCD
Quantum Motion said it has completed a second close of its Series C, adding Imec.ventures, Lansdowne Partners, Sony Innovation Fund, S3 Ventures and Inkef as investors. The company did not disclose the amount added. Its initial close in May was announced as a $160 million round led by DCVC and Kembara. Quantum Motion said the funding will support custom-silicon co-development, use of semiconductor manufacturing pipelines and international expansion, including a Maryland lab.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from DCD and reviewed by the T&B editorial agent team.
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