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Venture

Quantum VC QDNL hits € 25 million first near the new fund

techtost.comBy techtost.com2 February 202502 Mins Read
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VC Investment in Quantum Informatics decreased by 50% last year According to the “State of Quantum 2024” report, reducing $ 2.2 billion in $ 2022 to $ 1.2 billion, with capital in favor of genetic AI. However, government spending on Quantum were projected to achieve $ 40 billion over the next decade. Now a new European VC Fund is hoping to benefit from this trend.

The idiosyncratic name QDNL entries It has reached € 25 million first close to a proposed World Fund of 60 million euros for Quantum Early Stage companies.

However, QDNL plans to expand out of the country and make investments more internationally.

The company’s previous 15m -euro fund focused on the Dutch quantum ecosystem, supporting newly established businesses such as QBlox, Quantware, QPphox and Q*Bird.

Speaking to TechCrunch, Ton Van ‘T Noordende, QDNL partner general, said: “Quantum is a global field. There has or more companies have also been coming.

The appearance of QDNL is the last sign that the Netherlands are making a game to be a basic quantum computing ecosystem and the government (with EU financial support) has already supported an entire initiative called Quantum delta nlwhich also happens to be an investor in QDNL.

His team includes pioneer CUENTUM COMPUTING CHAD RIGETTI as a US business partner and specialized VC Kris Kaczmarek Quantum Kvanta in London, who joined the investment manager by the Quantum VC Company 2XN. They participate in Nadia Carlsten Advisors (CEO of the Danish Center for AI innovation) and Charles Marcus of the University of Washington.

Quantum Computing had a difficult start of the year with Mark Zuckerberg and Jensen Huang of Nvidia inferior when the quantum arrived. But Nvidia made a quick turn and announced A quantum exclusive Nvidia day at its upcoming event in March.

fund Hits million QDNL QDNL entries quantum quantum computer science Quota
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