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?

Yuri Andersson and Murray Reed s of QLM.

How many employees does QLM have?

As of Jan 31, 2021, the latest employee count at QLM is 11.

Is QLM a funded company?

QLM is a funded company, having raised a total of $23.4M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 09, 2021.

When was the latest funding round of QLM?

QLM's latest funding was a $***** Series A round on Nov 21, 2025, with participation from 1 investor.

Where does QLM rank among its competitors?

QLM ranks 1st amongst 127 active competitors, of which 36 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was GHGSat, which secured $34M in Sep, 2025.

Who are the top competitors of QLM?

QLM's top competitors include GHGSat, Novosound and Insight M. Among them, QLM secured the most recent funding round in November, 2025.

QLM - 2026 Company Profile, Team, Funding, Competitors & Financials

QLM is a series A company based in Newport (United Kingdom), founded in 2017 by Yuri Andersson and Xiao Ai. It operates as a Provider of quantum sensing technology for natural gas leak detection. QLM has raised $23.4M in funding from SLB and Green Angel Ventures. The company has 127 active competitors, including 36 funded and 10 that have exited. Its top competitors include companies like GHGSat, Novosound and Insight M.

Company Details

Provider of quantum sensing technology for natural gas leak detection. It allows users to detect gas from wellheads and pipeline transportation activities. It can also be used with a drone. It has applications in oil and gas, industrial, biogas, and agricultural emission monitoring systems.

Website: qlmtec.com
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Email ID: *****@qlmtec.com

Key Metrics

Founded Year

2017

Location

Newport, United Kingdom

Stage

Series A

Total Funding

$23.4M in 3 rounds

Latest Funding Round

Series A, Nov 21, 2025, $*****

Investors

SLB & 17 more

Ranked

1^st among 127 active competitors

Employee Count

11 as on Jan 31, 2021

Similar Companies

Novosound & 100 more

View QLM's full profile

QLM is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Qlm Technology Ltd CIN: 10673098 , United Kingdom, Active	Mar 14, 2017	-	11 (As on Jan 31, 2021)

QLM has raised a total funding of $23.4M over 3 rounds. Its first funding round was on Apr 09, 2021. Its latest funding round was a Series A round on Nov 21, 2025 for $*****. 1 investor participated in its latest round. QLM has 17 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of QLM:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 21, 2025	8425121	Series A	5628417	4002993	3008136	8368375
Aug 04, 2022	2259317	Series A	1994955	6945842	6570825	Enterprise 100 & 6 more
Apr 09, 2021	5643549	Seed	2814238	8382561	Green Angel Ventures	Enterprise 100 & 5 more

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View details of QLM's funding rounds and investors

The founders of QLM are Yuri Andersson and Xiao Ai. Murray Reed is the CEO of QLM.

Here are the details of QLM's key team members:

Yuri Andersson: Co-Founder & CEO of QLM.
Xiao Ai: Co-Founder of QLM.
Contact Info: 1 email address
Murray Reed: CEO of QLM.
Contact Info: 1 email address

View details of QLM's Founder profiles and Board Members

QLM's employee count trend

QLM has 11 employees as of Jan 21. Here is QLM's employee count trend over the years:

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Top competitors of QLM include GHGSat, Novosound and Insight M. Here is the list of Top 10 competitors of QLM, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QLM 2017, Newport (United Kingdom), Series A	Provider of quantum sensing technology for natural gas leak detection	$23.4M	Enterprise 100, SLB & 16 others	61/100
2nd	GHGSat 2011, Montreal (Canada), Series C	Provider of satellite-based imaging services to monitor greenhouse gas emissions	$179M	Climate Investment, Invest Quebec & 15 others	56/100
3rd	Novosound 2018, Glasgow (United Kingdom), Series A	Provider of ultra-sound sensors for pipeline monitoring	$6.24M	Foresight Williams, Par Equity & 8 others	56/100
4th	Insight M 2013, Sunnyvale (United States), Series E	Technology solution for methane emission detection	$30M	Morgan Stanley, DCVC & 2 others	53/100
5th	SeekOps 2017, Pasadena (United States), Series B	Provider of drone-based natural gas leak detection services	$17.3M	Equinor, OGCI & 3 others	53/100
6th	Qnami 2016, Muttenz (Switzerland), Series A	Developer of quantum-based scanning probe microscopes	$7.19M	Runa Capital, Quantonation & 9 others	51/100
7th	Hifi 2007, Calgary (Canada), Series B	Provider of monitoring systems to monitoring gas and fluid flow in pipelines and oil and gas wells	$16.5M	BDC, Cenovus & 2 others	51/100
8th	NDT Global 2000, Dublin (Ireland), Acquired	Provider of pipeline services to oil and gas industry	-	Novacap, Caisse de depot et placement du Quebec	50/100
9th	Nomad Atomics 2018, Fyshwick (Australia), Series A	Quantum sensor manufacturers	$10M	Blackbird Ventures, Right Click Capital	48/100
10th	Qube 2018, Calgary (Canada), Series B	AI-driven gas emission detection solution	-	SCF Partners, Riverbend Energy Group & 7 others	47/100