HiQuTe Diamond has successfully raised €7.5 million in funding to scale its high-quality diamond manufacturing for critical applications in electronics and quantum computing.

Target Information

HiQuTe Diamond, a pioneering French deeptech company, specializes in high-quality diamond manufacturing for technological applications. Recently, the company announced a funding round of €7.5 million, primarily facilitated by the Ile-de-France Réindustrialisation Fund, the French Tech Seed Fund managed by Bpifrance, along with contributions from TF Participations, Socadif, and iXcore. This strategic funding will enable HiQuTe Diamond to scale its production capabilities in Île-de-France to meet rising demand in power electronics, quantum computing, and next-generation sensors.

Founded from a collaboration between the LSPM-CNRS research laboratory, recognized for its work on diamond technology over the past three decades, and the startup studio Technofounders, HiQuTe Diamond has rapidly developed its research and development capabilities. Within just three years, the company has successfully prototyped its first diamond plates, secured significant industrial partnerships, and enhanced its technology base with strategic assets, including specialized equipment and intellectual property rights. This progression highlights its strategic positioning and the confidence from an emerging ecosystem focused on diamond applications in electronics and quantum technologies.

Industry Overview

The global industrial landscape is increasingly being shaped by advancements in material science, particularly for high-performance applications. In France, the growing focus on the semiconductor industry aligns with the national objectives embodied in France 2030, which emphas