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 Paignton, United Kingdom.

Who is the current CEO of QLM?

Yuri Andersson and Murray Reed s of QLM.

Which legal entities is QLM associated with?

QLM is associated with Qlm Technology Ltd.

How many employees does QLM have?

As of Sep 30, 2026, the latest employee count at QLM is 41.

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 3rd amongst 175 active competitors, of which 51 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was QLM, which secured $4.57M in Nov, 2025.

Who are the top competitors of QLM?

QLM's top competitors include Insight M, Bridger Photonics and Atomionics. 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 Paignton (United Kingdom), founded in 2017 by Yuri Andersson. It operates as a Provider of quantum sensing technology for natural gas leak detection. QLM has raised $23.4M in funding from investors like The FSE Group, SLB and Green Angel Ventures. The company has 175 active competitors, including 51 funded and 17 that have exited. Its top competitors include companies like Insight M, Bridger Photonics and Atomionics.

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

Paignton, United Kingdom

Stage

Series A

Total Funding

$23.4M in 3 rounds

Latest Funding Round

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

Investors

The FSE Group & 18 more

Ranked

3^rd among 175 active competitors

Employee Count

41 as on Sep 30, 2026

Similar Companies

Bridger Photonics & 133 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	Reports
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 18 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	5691218	Series A	5152295	1200085	5504697	9957073
Aug 04, 2022	3708276	Series A	6218442	5118904	3406327	Enterprise 100 & 6 more
Apr 09, 2021	3483805	Seed	7481050	2725206	Green Angel Ventures	Enterprise 100 & 5 more

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View details of QLM's funding rounds and investors

The founders of QLM is Yuri Andersson. Murray Reed is the CEO of QLM.

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

Yuri Andersson: Co-Founder & CEO of QLM.
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 41 employees as of Sep 26. Here is QLM's employee count trend over the years:

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Top competitors of QLM include Insight M, Bridger Photonics and Atomionics. 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	Insight M 2013, Sunnyvale (United States), Acquired	Technology solution for methane emission detection	$30M	Morgan Stanley, DCVC & 2 others	65/100
2nd	Bridger Photonics 2006, Bozeman (United States), Series B	Manufacturer of laser sensors for LiDAR and industrial measurement	$55M	ARPA-E, Next Frontier Capital & 5 others	64/100
3rd	QLM 2017, Paignton (United Kingdom), Series A	Provider of quantum sensing technology for natural gas leak detection	$23.4M	Enterprise 100, Seraphim & 17 others	64/100
4th	Atomionics 2018, Singapore (Singapore), Seed	Developer of quantum gravity sensing and AI-powered 3D modeling technology	$14.6M	Wavemaker Partners, SGInnovate & 13 others	60/100
5th	M Squared 2006, Glasgow (United Kingdom), Series B	Developer of light-sheet microscopy systems for multiple business verticals	$30.7M	BGF, Barclays & 9 others	60/100
6th	GHGSat 2011, Montreal (Canada), Series C	Provider of satellite-based imaging services to monitor greenhouse gas emissions	$179M	Space Capital, Climate Investment & 14 others	59/100
7th	QuantumDiamonds 2021, Munich (Germany), Seed	Provider of diamond-based quantum technology	$3.28M	Earlybird, IQ Capital & 6 others	58/100
8th	Qnami 2016, Muttenz (Switzerland), Acquired	Developer of quantum-based scanning probe microscopes	$7.19M	Quantonation, SIT Capital & 9 others	56/100
9th	CorrosionRADAR 2016, Cambridge (United Kingdom), Series A	Provider of corrosion management solution for the oil and gas industry	$14.4M	Mercia, Innovate UK & 8 others	55/100
10th	Industrial Scientific 1985, Pittsburgh (United States), Acquired	Technology solution provider for gas detection	-	-	53/100