Tag: Quantum
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Peak Quantum reaches €5M in total funding for quantum chips
Peak Quantum, a Munich-based quantum computing startup, has raised €2.2 million in pre-seed funding to advance its superconducting quantum processor technology and establish a European pilot manufacturing line. The round was led by Cloudberry Ventures, with participation from United Founders, QAI Ventures, Golden Egg Check, and several business angels with industry experience. Including public support, read more
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Qoro closes $750K to bridge quantum and classical computing
London-based Qoro Quantum has secured $750,000 in a pre-seed funding round to develop software infrastructure for hybrid quantum-classical computing. The round includes backing from Ada Ventures, Superangels Venture Fund, and the Polsky Center for Entrepreneurship and Innovation. Founded in 2024, Qoro Quantum is a deeptech company building software infrastructure for distributed quantum computing. Its platform read more
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Rhonexum secures $1M to scale cryogenic electronics for quantum computing
Swiss quantum technology startup Rhonexum has raised $1 million in pre-seed funding, led by QDNL Participations, with participation from Venture Kick and additional grant support. Based in Lausanne and spun out of EPFL’s AQUA Lab, Rhonexum develops electronics capable of operating at cryogenic temperatures close to absolute zero, conditions required for quantum computing, where conventional read more
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UK government pledges £1BN quantum computing investment
TheUK government has pledged a £1bn investment to buy large-scale quantum computers from British startups and companies, as it looks to stay in the race in innovating in the technology which some believe could rival AI. Technology secretary Liz Kendall said: ”I am determined this country grasps the benefits quantum computing will bring. It is only read more
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Quantonation Ventures closes €220M quantum fund backed by Toshiba
A Paris and New York-headquartered quantum technology VC firm has closed what it says is the “largest-ever” dedicated quantum fund. Quantonation Ventures,an early-stage fund focusing on quantum tech, has closed a€220m fund,with investment from Novo Holdings, the investment arm of Danish drugmaker Novo Nordisk, electronics giant Toshiba and Vertex, the VC platform backed by Singaporestate read more
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Qilimanjaro launches EduQit, a modular build-your-own quantum computer for education and research
Qilimanjaro Quantum Tech today announced the release of EduQit, a modular quantum computing kit designed to enable hands-on training, experimental learning, and early-stage research using an on-site superconducting quantum computing system. EduQit enables universities and research institutions to work directly with a physical quantum computing system. This provides hands-on experience with hardware, control systems, operations, read more
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Quantum startup Haiqu raises $11M
A quantum startup based in the UK, Ukraine and the UShas raised what it says is one of the largest seed rounds in quantum software, bagging $11m. The funding round in Haiqu was led by Primary Venture Partners, with participation from Qudit Investments, Alumni Ventures, Collaborative Fund, Silicon Roundabout Ventures and returning investors Toyota Ventures read more
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Quantum Systems and Frontline Robotics set up Europe’s first foreign drone production line for Ukraine
Quantum Systems and Frontline Robotics today announced the creation of “Quantum Frontline Industries” (QFI), a German-Ukrainian joint venture that will establish Europe’s first fully automated, industrial-scale foreign production line for drones for the Ukrainian Armed Forces. Under the Build with Ukraine initiative, the new venture will mass-produce battlefield-proven multi-use drones developed by the Ukrainian company read more
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QuantumDiamonds invests over €150M for quantum chip inspection facility
German quantum sensing company QuantumDiamonds GmbH has announced an investment of more than €150 million to establish a production facility for quantum-based chip metrology systems. The facility, planned for eastern Munich, is expected to receive significant public support from the German federal and Bavarian governments under the European Chips Act. QuantumDiamonds, a spin-off from the read more
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University of Cambridge quantum spinout nets record $60M Series A
A University of Cambridge quantum computing spinout, which is building the infrastructure needed for scaling quantum computers, says it has raised the largest ever quantum Series A in the UK. Nu Quantum has raised $60m in a funding round led by National Grid Partners, the VC unit of National Grid, with participation from Gresham House read more
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Quantum Systems’ €180M Series C extension lifts company to €3B+
Europe’s first dual-use unicorn, Quantum Systems, has tripled its valuation and raised €180 million in a Series C Extension led by Balderton Capital. This follows its €160 million Series C in May this year, bringing the total amount secured in 2025 to €340 million, which marks the largest private capital raise in Europe’s dual-use sector. read more
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