Chip testing startup QuantumDiamonds raises €15M in equity funding

A German startup spun out of a famed Munich research university whose tech helps semiconductor firms test out products and find defects has raised €15m in equity funding. The new equity funding in QuantumDiamonds complements a previously announced €76m in EU-backed state funding in the startup, making €91m in total. QuantumDiamonds, which was spun out of the Technical University of Munich (TUM), will use the funds to scale production of its technology.