FCF Fox Corporate Finance supports Quantum-Systems in Venture Debt Financing

  • Munich-based drone specialist concludes loan agreement with European Investment Bank (EIB)
  • FCF analyses needs and finds optimal financing solution

Munich, July 19th, 2021 – Munich-based financing specialist FCF Fox Corporate Finance GmbH acted as corporate finance advisor to drone specialist Quantum-Systems GmbH – also based in Munich – in the implementation of a venture debt financing deal with the European Investment Bank (EIB). “We are pleased to have found an ideal capital solution for Quantum-Systems, which offers the company the greatest possible flexibility in financing its further growth,” says Florian Theyermann, Director at FCF.

The venture debt raising accompanied by FCF is part of a series of capital measures by Quantum-Systems to finance the company’s strong growth. In the run-up to the EIB financing, a group of high-calibre entrepreneurs provided strategic equity capital to the company.

The EIB loan – which is independent of that equity round – is part of the “InnovFin – EU Finance for Innovators” program. It offers innovative growth / venture companies either a debt alternative to equity financing or can act as an add-on debt financing to capital increases in order to raise the total financing amount. “One of the advantages of such an EIB loan is that, in contrast to a capital increase, the founder’s shares are not diluted,” Florian Theyermann continues and adds that, “with the venture debt, we have found a financing solution for Quantum-Systems that combines the advantages of venture capital – availability of funds in the pre-break-even growth phase – and debt capital – with low dilution.”

The bullet loan has a volume in the double-digit million-euro range. “With the fresh capital, we want to expand our research and development capacities in the areas of autonomous flight and artificial intelligence and drive the further vertical integration of system-critical components of the vertical take-off and landing drones,” says Florian Seibel, CEO and co-founder of Quantum-Systems. In addition, the funds will be used for increased sales and marketing measures as well as the ramp-up of production and operations, supporting the company’s strong growth – in 2020 alone, Quantum-Systems achieved a 155 percent increase in revenue compared to the previous year.

Quantum-Systems’ drones are hybrid flying machines – and combine eVTOL (electrical vertical take-off and landing) capabilities, with a wing flight mode that enables long mission times, long ranges and quiet flight by utilizing electrical and aerodynamic efficiency. Users of the drones can be found in the fields of smart farming, volume calculation in open-pit mining, surveying work for large construction sites, real-time situational awareness, tactical mapping, Search and Rescue (SAR) and automated railway inspection.

In its search for attractive financing opportunities, Quantum-Systems benefited from FCF’s experience and the financing specialist’s broad network among financiers such as the EIB. “Especially for young and innovative companies, EIB’s venture debt financing offers enormous advantages in financing growth measures such as R&D, sales, marketing or building-up working,” Florian Theyermann emphasizes and adds: “FCF is an instrument- and product-independent advisor: if a company needs equity, we implement equity financing together with the client. But often our analysis shows that a company is suitable for the lesser known instrument “venture debt”, which can substitute an equity round diluting the shareholders. Therefore, FCF and its broad insight regarding instruments and investors can add real value to growth companies.”

About Quantum-Systems GmbH

Quantum-Systems GmbH develops and deploys small Unmanned Aircraft Systems (sUAS) for the geospatial community (commercial product line) and the defense, security, and intelligence community (governmental product line), providing them unprecedented data quality, efficiency, and operational usability.

The fully autonomous sUAS with AI edge computing capabilities, enable its users to capitalize on the emerging megatrend of autonomous sUAS data acquisition solutions that will open entirely new markets and applications. All Quantum-Systems sUAS combine eVTOL (electrical vertical take-off and landing) capabilities with long-range utilizing electrical and aerodynamic efficiency.

The continuous integration of state-of-the-art sensors into the systems allows for increased aerial data intelligence bringing the customers’ decision-making processes to new levels. Quantum-Systems was founded in 2015 and is headquartered at Special Airport Oberpfaffenhofen 20 km west of Munich.

ABOUT FCF FOX CORPORATE FINANCE

FCF is a specialized Investment Bank and Financing Specialist, advising public and private small/mid-market companies in the German speaking regions.

FCF focuses on four primary client segments:
  • MidCap: Medium-sized companies with sustainable business models in typical “Mittelstand” industries, such as industrial products and machinery, automotive, communications, logistics, and consumer products
  • SmallCap / Growth: Companies with revenues between €20 and €100 million and high / above average growth rates
  • DeepTech: R&D-driven companies in technology sectors, entering the commercialization stage with initial fast-growing revenues
  • Life Sciences: Highly innovative companies focusing on the development of cutting-edge biotechnology, med-tech, health-tech and pharmaceuticals solutions

FCF structures, arranges and places equity and debt capital transactions and supports its clients’ growth, IPO/Pre-IPO, acquisition and standard balance sheet (re-)financing strategies.

Founded in 2005 and headquartered in Munich, FCF has direct relationships and works with all leading German, European and international financiers, lenders and investment houses addressing German small/mid-cap companies.

Media Contact
newskontor – Agentur für Kommunikation
Marco Cabras, Tel: +49 (0)172 2142968
Mail: marco.cabras@newskontor.de

Contact
FCF Fox Corporate Finance GmbH
Maximilianstrasse 12-14
80539 München
Tel: +49-89-20 60 409-0
Fax: +49-89-20 60 409-299
www.fcf.de

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