Freshfields advises Blackstone and Airbus on $1.2 billion financing for Quantum Systems
Freshfields advised Blackstone and Airbus Defence and Space as lead investors in a $1.2 billion Series D financing round for Quantum Systems, a deep-tech company focused on interoperable, multi-domain autonomous capabilities in Europe. The round values the company at approximately $8 billion on a post-money basis.
Deal Details
The financing round was co-led by Blackstone, Airbus, Noteus and Advent, and was supported by a syndicate of crossover and long-term institutional investors including BOND, Fidelity Management & Research Company, Wellington Management, A.P. Moller Holding, and Elephant Lake Ventures, alongside existing shareholders such as Balderton and HV Capital.
Legal Advisors
Two separate Freshfields teams advised Blackstone and Airbus Defence and Space on the transaction. The team advising Blackstone was led by partner Arend von Riegen in Frankfurt and principal associate Lorenz Koffka in Hamburg, both from the firm’s private equity/venture capital practice.
The team advising Airbus Defence and Space comprised partners Maximilian Lasson (M&A/venture capital, Munich), Uwe Salaschek (foreign direct investment, Berlin), and Charlotte Colin-Dubuisson (antitrust, Paris), together with associate Julius Raddatz (M&A/venture capital, Munich).