GAS welcomed QLM to its portfolio in Spring 2021 and has now invested in a £12 million Series A funding round led by Schlumberger.

The round was led by Schlumberger with support from Green Angel Syndicate, Enterprise100 Syndicate, Development Bank of Wales, Newable, Quantum Exponential and several private investors. As a company with headquarters in Cardiff and operations in Bristol, this funding round also included British Business Investments funds committed to Green Angel Syndicate through its Regional Angels Programme.