# Quantum Diamond Technologies funding: rounds and investors

> Quantum Diamond Technologies has raised $500K across 2 rounds since 2020. Investors include National Science Foundation and MassVentures.

Source: https://millionrounds.com/company/quantum-diamond-technologies (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Quantum Diamond Technologies*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech

Funding summary Updated 26 Oct 2026

**$500K** raised across 2 rounds since 2020, from 2 sources

- **Latest round:** Venture Feb 2023
- **Biggest round:** $500K Grant · Jun 2020
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2021 2022 2023

**$500K** Grant

**?** Venture

- **First round:** Grant, $500K
- **Biggest round:** $500K
- **Between rounds:** 2.7 years

## The rounds

- **Feb 2023** Venture **Amount undisclosed** *2 returning* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [MassVentures](https://millionrounds.com/fund/massventures) Source recorded
- **Jun 2020** Grant **$500K** *2 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [MassVentures](https://millionrounds.com/fund/massventures) Source recorded

## Founders and team

From Quantum Diamond Technologies's own website: 1 founder, 4 on the team.

**Colin Connolly** CEO, CTO, QDTI Co-founder

- **Jeff Krogmeier** COO, Engineering
- **Anatoly Konukhov** Director, Business Development
- **Jason Cleveland** Board Chairman
- **Matthias Winter** Board Member

Advisers *David Hanlon* *Hongkun Park* *Mikhail Lukin* *Peter Maurer* *Ronald Walsworth*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Grant** 2020 **Venture** 2023 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [MassVentures](https://millionrounds.com/fund/massventures)

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **2** rounds

[MassVentures](https://millionrounds.com/fund/massventures) VC firm **2** rounds

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=quantum-diamond-technologies).

## Quick answers about Quantum Diamond Technologies

### Who invested in Quantum Diamond Technologies?

Quantum Diamond Technologies's investors include National Science Foundation and MassVentures.

### How much has Quantum Diamond Technologies raised?

Quantum Diamond Technologies has raised $500K across 2 rounds since 2020. One round did not disclose an amount, so the total is a floor.

### When did Quantum Diamond Technologies last raise?

Quantum Diamond Technologies's most recent round was a Venture in Feb 2023.

### What was Quantum Diamond Technologies's biggest round?

Quantum Diamond Technologies's largest round on record is $500K (Grant), in Jun 2020.

### Who backed Quantum Diamond Technologies first?

Quantum Diamond Technologies's first round on record, in Jun 2020, was backed by National Science Foundation and MassVentures.

### What stage is Quantum Diamond Technologies at?

Quantum Diamond Technologies's latest named round is a Venture, in Feb 2023.

### Where is Quantum Diamond Technologies based?

Quantum Diamond Technologies is based in the United States.

## Companies like Quantum Diamond Technologies

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

## Find investors like these

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