Quantum VC QDNL hits €25M first-close on new fund

VC investment into Quantum computing declined by 50% last year according to the ‘State of Quantum 2024’ report, dropping from $2.2bn in 2022 to $1.2bn, with funds switching in favour of Generative AI. However, government spending on quantum was predicted to hit $40 billion over the next decade. Now a new VC European fund hopes […] © 2024 TechCrunch. All rights reserved. For personal use only.

Jan 23, 2025 - 14:22
 0
Quantum VC QDNL hits €25M first-close on new fund

VC investment into Quantum computing declined by 50% last year according to the ‘State of Quantum 2024’ report, dropping from $2.2bn in 2022 to $1.2bn, with funds switching in favour of Generative AI. However, government spending on quantum was predicted to hit $40 billion over the next decade. Now a new VC European fund hopes […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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