DTXL Invests €6.3 Million Series A in Delft Circuits https://thequantuminsider.com/?p=2358287 #Capital_Markets #ASML #Cri/oFlex #DARPA #Delft_Circuits #DTXL #Philips #PME_pension_fund #PME_pension_fund8 #RVO_Seed_Capital #RVO_Seed_Capital9 #quantumdaily Insider Brief DTXL5 – a 100 M€ deep tech venture capital fund – has invested €6.3 million in Delft Circuits Series A. Delft Circuits is a high-tech supplier in the emerging quantum industry. The investment will be used primarily to upgrade the p

Zapata AI to Go Public Through Business Combination with Andretti Acquisition Corp https://thequantuminsider.com/?p=2358283 #Capital_Markets #Quantum_Computing_Business #Andretti_Acquisition_Corp #special_purpose_acquisition_company #zapata #Zapata_AI #quantumdaily Insider Brief Zapata AI — a quantum software company and recently rebranded Industrial Generative AI software company, announced an an agreement that will result in the company becoming a U.S. publicly listed company. Upon closing of

Orange Quantum Systems Raises €1.5 Million in Pre-Seed Round https://thequantuminsider.com/?p=2358177 #Capital_Markets #EIC #European_Innovation_Council #Garrelt_Alberts #Netherlands #Orange_QS #orange_quantum_systems #Orange_Rack #QDNL #Quantum_Inspire #TNO #Ton_van_'t_Noordende #quantumdaily Insider Brief Orange Quantum Systems helps companies test quantum chips efficiently, thus accelerating the growth of the quantum industry. As quantum chips move out of academic labs, they need development

Oxford Ionics Secures £2 Million in Funding From UK’s National Security Strategic Investment Fund https://thequantuminsider.com/?p=2358185 #Capital_Markets #Quantum_Computing_Business #ARM #National_Security_Strategic_Investment_Fund #NSSIF #Oxford_Ionics #Quantum_Computing_as_a_Service_QCaaS #quantumdaily Insider Brief Oxford Ionics secured £2 million in funding from the UK’s National Security Strategic Investment Fund (NSSIF). The company’s technology allows trapped ions to be combined with e

PhotonVentures Raises €60 million to Supercharge Europe’s Photonics Startups https://thequantuminsider.com/?p=2358120 #Capital_Markets #Europe #funding #PhotonDelta #PhotonVentures #venture #venture_capital_fund #quantumdaily Insider Brief New €60 million venture capital fund is aimed at early-stage photonic chip startups and scale ups. PhotonVentures launched the fund with PhotonDelta as the lead investor alongside numerous private investors. PhotonVentures is an independent deep tech venture

Quantum Silicon Production Project Awarded $5.1M Funding under the Defence Trailblazer Program https://thequantuminsider.com/?p=2357956 #Capital_Markets #Defence_Trailblazer_for_Concept_to_Sovereign_Capability_Program #funding #quantum_silicon_production_project #quantum_technology #Silex_Systems_Limited #The_University_of_Adelaide #UNSW_Sydney #quantumdaily Insider Brief Silex Systems Limited has announced the award of $5.1 million in funding from the Defence Trailblazer for Concept to Soverei

Phasecraft Announces £13 Million Series A Funding Round to Reach Practical Quantum Advantage https://thequantuminsider.com/?p=2357912 #Capital_Markets #algorithms #Phasecraft #Playground_Global #quantum_algorithms #series_A #quantumdaily Insider Brief Phasecraft announced the closing of a £13 million Series A funding. Playground Global led the round, joined by Albion VC and existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund. The company plans to use the funds to conti

In Boost for Australia’s Quantum Ecosystem, Main Sequence Surpasses $1 Billion AU Funds Under Management, Launches New Fund https://thequantuminsider.com/?p=2356608 #Capital_Markets #Australia #CSIRO #deep_tech #deep_tech_fund #Main_Sequence #QCTRL #quantumdaily Insider Brief Main Sequence announced the first close of its third fund, raising $AU450 million, which now means the fund has more than $1 billion total funds under management. The Australian deep tech investment fund was founded by CSI

Silicon Quantum Computing Closes $50.4 million Series A, Falls Short of Initial $130 Million Goal https://thequantuminsider.com/?p=2356586 #Capital_Markets #Slider #Australia #MICHELLE_SIMMONS #Silicon_Quantum_Computing #SQC #Telstra #quantumdaily Insider Brief Silicon Quantum Computing reportedly closed a $50.4 million (AUS) in Series A. Last year, company executives said they were shooting for around $130 million. Investors include the Commonwealth Government, the Commonwealth Bank of Austral

Q-CTRL Adds Morpheus Ventures to Record Setting Series B Funding Round with Total of $54 million USD Raised https://thequantuminsider.com/?p=2356576 #Capital_Markets #Australia #Damien_Petty #Michael_Biercuk #Morpheus_Ventures #Q=CTRL #series_b #quantumdaily Insider Brief Q-CTRL announced the addition of Morpheus Ventures as a new investor. Morpheus Ventures joins the startup’s Series B funding round, which has raised $54 million USD. Q-CTRL is a leader in developing useful quantum technologies

SQE, Quantum-Secure Blockchain Platform, Announces Launch and Series A Funding Round https://thequantuminsider.com/?p=2356480 #Capital_Markets #blockchain #Hamid_Pishdadian #quantumsecure_blockchain #SQE #quantumdaily Insider Brief SQE has started its Series A funding round for its quantum-secure blockchain business. The company’s offering is built around what they call, “Simulated Quantum Entanglement technology.” The technology reportedly enables seamless communication between validator nodes

SEALSQ Announces Closing of an Initial $10.0 Million Tranche of a Private Placement of Convertible Notes and Warrants https://thequantuminsider.com/?p=2356379 #Capital_Markets #Quantum_Computing_Business #business #convertible_note #quantum_computing #SEALSQ #quantumdaily Insider Brief: SEALSQ has announced that it has closed an initial $10.0 million tranche of a total possible $20.0 million private placement pursuant to the terms of a securities purchase agreement, dated July 11, 2023, with ce

Quobly Secures €19 Million in Funding to Propel Development of Fault-Tolerant Quantum Computer https://thequantuminsider.com/?p=2356389 #Capital_Markets #france #funding #funds #Quobly #Siquance #quantumdaily Insider Brief Quobly announces the closing of its first fundraising round amounting to 19 million euros. The company was formerly known as Siquance. The round was led by Quantonation, Bpifrance through the Deep Tech 2030 fund managed on behalf of the State as part of France 2030, Supernova

Quside Extends Series A to Raise More Than €10 Million in Funding https://thequantuminsider.com/?p=2356245 #Capital_Markets #Carlos_Abellan #Catalan_Institute_of_Finance #Emilio_Gómez #ICF #ICF_Venture_Fund #ICFO #Institute_of_Photonic_Sciences #Quside #quantumdaily Insider Brief Quside added new investors to the last year’s funding round, extending its series A funding, according to a blog post. The company’s Series A now exceeds €10 million in funding. Critical Quote: “Quside has a world-clas

Quantum Software Maker Quantagonia Raises €4.3 Million Seed Round https://thequantuminsider.com/?p=2356239 #Capital_Markets #Dirk_Zechiel #Europe #Hybrid_Quantum_Platform #Martin_Drdul #Philipp_Hannemann #Quantagonia #quantum_software #Sabina_Jeschke #Sebastian_Pokutta #quantumdaily Insider Brief Quantagonia announced that it raised €4.3 Million Seed Round. The round was led by Tensor Ventures, along with European deep tech VCs, a state holding and a family office. The capital raised by Quantag

Signs of a Private Quantum Investment Slowdown in First Half of 2023 https://thequantuminsider.com/?p=2356075 #Capital_Markets #Exclusives #Insights #analysis #economy #quantum_computing #quantum_fundraising #quantum_investment #SandboxAQ #quantumdaily Insider Brief Data from The Quantum Insider Intelligence Platform show funding rounds in the quantum industry are slowing in the first half of 2023 compared to the same time last year. Investing in quantum computing has held steady. Analysts don’

Quantum Scaleup Algorithmiq Raises $15M Series A to Accelerate Drug Discovery Work with Global Pharma Companies https://thequantuminsider.com/?p=2356104 #Capital_Markets #Quantum_Computing_Business #Algorithmiq #business #Finland #funding #quantum_computing #quantumdaily Insider Brief: Algorithmiq, a scaleup developing quantum algorithms to solve the most complex issues in life sciences, has raised $15 million. The Series A round is led by Inventure VC, with Tesi, the state-owned Finnish invest

Trumpf Group Invests €1 Million in HQS Quantum Simulations https://thequantuminsider.com/?p=2355981 #Capital_Markets #funding #HQS_Quantum_Simulations #Michael_Bolle #Michael_Marthaler #TRUMPF_Venture #quantumdaily Insider Brief The Trumpf Group’s corporate venture capital unit, Trumpf Venture II GmbH, is investing one million euros in HQS Quantum Simulations. Leading manager Michael Bolle, most recently CTO and CDO of Robert Bosch GmbH, joins the advisory board of the quantum startup. The comp

Voima Ventures Launches Third €90 million Deep Tech VC Fund https://thequantuminsider.com/?p=2355827 #Capital_Markets #Finland #Inka_Mero #Magnu_Skaninger #Marjut_Falkstedt #Tapio_Passinen #Tesi's_Fund_Investments #Voima_Ventures #Voima_Ventures_Fund_III #quantumdaily Insider Brief Voima Ventures announces the first closing of a new €90 million fund focused on science-based companies, including quantum startups. The company lists its initial investment ticket size ranging from €200K to €3 milli

ET Quantum Computing Pioneer Chad Rigetti Joins QDNL Participations as Venture Partner https://thequantuminsider.com/?p=2355701 #Capital_Markets #National #Chad_Rigetti #Dutch #holland #QDNL #quantum_delta_NL #Ton_van_'t_Noordende #venture_partner #quantumdaily Insider Brief The €15m QDNL Participations fund helps researchers turn their technology into VC-investable startups Chad Rigetti built NASDAQ-traded quantum computing company Rigetti Computing At QDNL Participations, Rigetti will invest,