--- title: QuantumDiamonds raises €91M in an EU Chips Act first description: Munich startup QuantumDiamonds has raised €91M — €15M in equity led by World Fund and €76M in EU Chips Act state aid — making it the first startup to receive... canonical: https://daily.dev/posts/quantumdiamonds-raises-91m-in-an-eu-chips-act-first-y8anxjro4 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: QuantumDiamonds raises €91M in an EU Chips Act first | daily.dev og:description: Munich startup QuantumDiamonds has raised €91M — €15M in equity led by World Fund and €76M in EU Chips Act state aid — making it the first startup to receive... og:url: https://daily.dev/posts/quantumdiamonds-raises-91m-in-an-eu-chips-act-first-y8anxjro4 og:image: https://api.daily.dev/og/posts/Y8ANxjro4.png og:image:alt: QuantumDiamonds raises €91M in an EU Chips Act first og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # QuantumDiamonds raises €91M in an EU Chips Act first **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 0 upvotes · 0 comments ## Summary Munich startup QuantumDiamonds has raised €91M — €15M in equity led by World Fund and €76M in EU Chips Act state aid — making it the first startup to receive manufacturing funding under the European Chips Act. The company uses atomic defects in lab-grown diamonds to sense magnetic fields, enabling 3D nanoscale imaging of electrical currents inside chips without damaging them. Its QDm.1 product can locate buried defects in advanced 3D chip packages that optical and X-ray tools miss. Already working with nine of the world's ten largest chipmakers, the company plans to build a €152M facility in Munich and double its engineering team. Investors are comparing its potential to ASML, framing it as a European semiconductor sovereignty play in a chip inspection market projected to reach $10.9bn in 2026. ## Full article daily.dev links to this article rather than hosting it. 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