Company Overview
Snapshot
Founded in January 2014 by Refael Gatt, Quantum Design Materials operates with 11–50 employees. The company has raised a total of $7M across two funding rounds from eight investors. In June 2024, Quantum Design Materials secured funding from Israel Electric Corporation and Hestia Venture Partners.
Business overview
Quantum Design Materials (QDM) specializes in designing novel crystals based on quantum principles, with a primary focus on developing room-temperature superconductors. The company utilizes a model based on the full crystal Hamiltonian, applying quantum chemistry to determine the chemical compositions necessary for superconductivity. QDM's technology serves industries requiring advanced materials, particularly within the Industrial Technologies sector, with potential applications in energy efficiency and climate-related goals.
Strategic signal
In June 2024, Quantum Design Materials received an investment from Israel Electric Corporation, highlighting strategic interest in its quantum-designed materials for potential energy applications. This investment signals a validation of QDM's technology in advancing superconductivity, which could lead to significant improvements in energy efficiency and broader climate-tech initiatives.
Company Intelligence Q&A
- What is Quantum Design Materials' core focus?
- Quantum Design Materials specializes in designing new crystals using quantum principles, with a primary goal of creating room-temperature superconductors.
- When was Quantum Design Materials founded?
- Quantum Design Materials was founded in January 2014.
- Who is the founder of Quantum Design Materials?
- Refael Gatt is the founder, CEO, and CTO of Quantum Design Materials.
- What was a significant recent funding event for Quantum Design Materials?
- In June 2024, Quantum Design Materials secured funding from Israel Electric Corporation and Hestia Venture Partners.
- What is the total capital raised by Quantum Design Materials?
- Quantum Design Materials has raised a total of $7M across two funding rounds.