The TD Shepherd team is happy to congratulate the Qualinx B.V. team on successfully raising €20 million from Dutch investors (Invest-NL, FORWARD.one, Waterman Ventures, and InnovationQuarter Capital).
TD Shepherd has provided strategic support to Qualinx over the years (starting in 2018), witnessing each step of their journey; their growth and success, makes us truly proud of their outstanding achievements. It is also good to realize that one of our distinguished professors, Bram Nauta (University of Twente), was early to recognize the exceptional talent of the founding team, Iman Madadi, Amir Reza Ahmadi Mehr and Massoud Tohidian. So congrats to Bram as well – nurturing and growing Dutch talent in the semiconductor industry is key to the Netherlands innovation strength.
Qualinx is a Delft-based chip design company and a pioneer in next-generation ultra-low-power GNSS technology. Founded ten years ago as a spin-off from Delft University of Technology, the company’s technology combines low power consumption, strong security, and support for multiple satellite systems in a single, compact chip, with production now starting earlier than planned in Europe.
Well done, Qualinx team! We know how hard the journey has been: from bootstrapping the company with design services to the first QLX300 prototypes. Each milestone marks an important next step in your innovation path, shaping the future of chip design and manufacturing.
Delft’s Qualinx raises €20M to bring ultra-low-power GNSS chip to market
The TD Shepherd team is happy to congratulate the Qualinx B.V. team on successfully raising €20 million from Dutch investors. TD Shepherd has provided strategic support to Qualinx over the years (starting in 2018), witnessing each step of their journey; their growth and success, makes us truly proud of their outstanding achievements.
If there’s one thing we’ve learned about surviving the Valley of Death in deep tech, it’s this: don’t go it alone. This stage is all about leveraging relationships, and corporate partnerships can be your most valuable lifeline. The key is to think beyond customers.
The so-called “Valley of Death” in deep tech isn’t just about running out of cash—it’s about navigating a period where expectations clash with reality. Investors want to see traction, but your tech isn’t market-ready. Customers are intrigued, but they’re not ready to commit. And your R&D costs? They’re still burning through cash like it’s a bonfire.