QLM is revolutionising gas sensing in the oil & gas industry by developing compact, high-sensitivity, low-power Tuneable Diode Lidar (TDLidar) gas detection and imaging systems based on infrared single-photon detection. Using technology based on research developed at the University of Bristol, QLM meets the needs of natural gas producers, distributors and service providers with fast, accurate and low-cost gas leak identification and monitoring. QLM is also developing some of the world's most sensitive remote gas detectors for environmental monitoring. The sensors provide 3D mapping of methane, a key greenhouse gas, and can also be adapted for different gas species.
Location: United Kingdom, England, Lancaster
Employees: 11-50
Total raised: $21.53M
Founded date: 2017
Investors 7
Funding Rounds 2
Mentions in press and media 8
| Date | Title | Description |
| 06.08.2022 | QLM closes Series A round at GBP 12 million | Cardiff, The UK-based photonics technology company QLM Technology Ltd. closed its Series A round at GBP 12 million. The round took place on August 4, 2022. Schlumberger led the financing for the company. The company also signed a Collaborat... |
| 05.08.2022 | UK-based photonics startup QLM raises €14.2M for technology to quantify greenhouse gas emissions | UK-based QLM, a startup developing quantum optical sensors, announced on Thursday that it raised £12M (approximately €14.24M) in a Series A round of funding. The round was led by Schlumberger, a technology company that partners with custome... |
| 04.08.2022 | Green Angel Syndicate invests in £12M round in QLM Technology to fix methane leaks using quantum imaging | - |
| 04.08.2022 | QLM Technology Raises £12M in Series A Funding | QLM Quantum LiDAR Gas Imaging Camera Visualization & Quantification of an Emission Source QLM Technology Ltd, a Cardiff, England, UK-based photonics technology company, closed a £12M Series-A Funding round. The round was led by Schlumbe... |
| 04.08.2022 | QLM Technology raises £12m for gas leak imaging camera | Cardiff-based photonics startup QLM Technology has raised £12m in funding for its LiDAR camera that detects and measures greenhouse gas emissions, drawing investment from the Development Bank of Wales. The company, which has had financial s... |
| 01.08.2022 | QLM Raises $14m Series A - Britbots | Congratulations to QLM Technology who have announced the closing of Series A funding and the signing of a Collaboration Agreement with Schlumberger. This latest round of investment occurred at over a 14x valuation to Britbots' initial inves... |
| 07.04.2021 | QLM Technology Ltd. announced that it has received £3.1 million in funding from a group of investors | QLM Technology Ltd. announced that it has raised £3.1 million in a round of funding led by new investor Green Angel Syndicate on April 7, 2021. The transaction included participation from new investors Enterprise100 syndicate, Newable Ventu... |
| 07.04.2021 | QLM Closes £5m Seed Round | Investment in AI - Britbots | Congratulations to Britbots' portfolio company QLM who have successfully raised £3 million from a consortium of investors including Britbots, Green Angels, E100, Newable, BPEC and Champion X together with £2 million in Innovate UK grants. |