World Fund and IQ Capital participated in a €91 million financing round for QuantumDiamonds, a deep‑tech startup creating quantum diamond sensors for chip manufacturing. The round signals growing investor confidence in quantum diamond technology and reinforces EU efforts to boost domestic semiconductor capabilities through the Chips Act. Who is involved: Investors: World Fund, IQ Capital (existing backer) and other undisclosed participants; recipient: QuantumDiamonds; prior EU backing from the European Chips Act and related initiatives.. Likely next: QuantumDiamonds will allocate the capital to scale sensor production, advance R&D, and pursue partnerships with semiconductor fabs; further fundraising or strategic acquisitions may follow as the technology matures.. The funding round brings together existing backer IQ Capital and newcomer World Fund to support QuantumDiamonds’ development of quantum diamond‑based sensors for semiconductor manufacturing. It reflects strong investor confidence in a niche deep‑tech area that aligns with the EU’s Chips Act ambition to strengthen domestic chip supply chains. The deal highlights how public‑policy support can unlock large private‑capital commitments for emerging technologies. Sectors affected: Quantum diamond–based semiconductor sensor manufacturing
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