QDNL Participations

IQM Quantum Computers becomes the first customer of the newly launched OrangeQS MAX 🌟 We are thrilled to announce that our portfolio company, Orange Quantum Systems, has achieved a significant milestone with the launch of the OrangeQS MAX: • Built for utility-scale testing of quantum chips, supporting several to hundreds of qubits. • Represents a major advancement in accelerating quantum chip development by maximizing testing throughput. • Groundbreaking product that enables the next generation of quantum chips, offering unprecedented capabilities for testing and development. With successful factory acceptance tests completed, the first system will soon be delivered to IQM Quantum Computers in Finland. We are proud to support Garrelt, Adriaan, Thorstenc and the full Orange Quantum Systems team in their mission to drive innovation in the quantum industry and to usher in the next generation of quantum computers

Thrilled to announce a major milestone for our portfolio company Fermioniq. They've become the first external quantum simulation platform integrated into NVIDIAs cutting-edge CUDA-Q platform, unlocking powerful cloud-based quantum computing capabilities. Key highlights: 👉 First third-party tensor network emulation product on CUDA-Q 👉 Enables simulation of quantum algorithms at unprecedented scale 👉 Supports research and development across multiple industries A huge congratulations to Jörgen, Ido, Chris, and the entire Fermioniq team for this achievement 👏 #sc24 Full press release here: https://lnkd.in/eqaiTAFH

Meet our investment team at Q2b San Francisco on December 11th. Our General Partner Ton van 't Noordende will be presenting a plenary panel featuring four of our portfolio companies: 👉 Matthijs Rijlaarsdam (QuantWare) 👉 Ingrid Romijn (Q*BIRD) 👉 Eric Kievit (Qblox) 👉 Adriaan Rol (Orange Quantum Systems). As we approach the end of the year, we will be reflecting on our companies' achievements and the industry's progress as a whole, while anticipating what 2025 will bring. #Q2B24SV QDNL Participations. Accelerating the Quantum Information Age.

The European Union is considering a strategic initiative to enhance quantum technology development, potentially in the form of a "Quantum CHIPS Act," as indicated by EVP-designate Henna Virkkunen last week. It follows similar legislative actions in semiconductor technology: · The 2022 U.S. CHIPS Act, which has allocated $33 billion to semiconductor development in less than three years and reportedly stimulated $450 billion in private sector investments. · The 2023 EU CHIPS Act, a $45 billion package combining public and private investments. Virkkunen: “Quantum is a technology of the future where Europe has many reasons for optimism.”

It's been an exciting week for our portfolio companies, Qblox and QuantWare! We're thrilled to announce that Qblox has been named the Best Deep Tech Company 2024 at the 25th annual Deloitte Fast 50 awards in the Netherlands This award is determined by a panel of independent experts who evaluate companies based on revenue potential, scalability, innovation, and ambition. Congratulations to Niels, Jules, Bauke, Bauke, and the entire Qblox team. The top ten nominees featured promising deep tech companies specializing in areas in semicon, neuromorphic computing, nano-electronics, and energy technology, like Nearfield Instruments , LeydenJar, Innatera, VSPARTICLE, and Carbyon. QuantWare secured The Rising Star Award and the Audience Award, a pure hardware play standing out among software companies. They now join the ranks of past winners such as Axelera AI, Sendcloud, Seenons, and Bynder. Congrats to Matthijs, Alessandro, Remko and the entire team! Onwards and upwards. Kris, Cheryne, Chad, Charles, Nadia, QDNL Participations #Fast50 #quantumtechnology

We're honored to work with a global network of world-class academics, pioneering entrepreneurs, and investors. 🚀 Join our newsletter to stay ahead of the curve: • Handpicked insights on advancements in quantum computing, communication, and sensing • Get the latest from our portfolio companies QphoX, QuantWare, Orange Quantum Systems, Q*BIRD, Qblox, Fermioniq, QT Sense, QuantaMap • Discover what major tech players like IBM, Google, Amazon Web Services (AWS), Microsoft, and other industry pioneers are currently working on Whether you're a quantum entrepreneur seeking capital or an investor looking for groundbreaking opportunities, our newsletter is your gateway to the world of quantum technologies. Join our online community of 800+ quantum enthusiasts. Visit our website to subscribe today, or find the link in the comments. #quantumtechnologies #venturecapital

📣 We're excited to announce that our Investment Director Kris Kaczmarek has been invited to join the Advisory Group of Deep Tech Lab - Quantum, one of the leading early-stage quantum incubator programs. This initiative is hosted by the Danish BioInnovation Institute and supported by Novo Nordisk as part of their $200M+ quantum strategy. ℹ Deep Tech Lab — Quantum is a new initiative from BioInnovation Institute (BII) in Copenhagen to leverage Denmark’s world-leading research in quantum physics with BII’s recognized excellence in creating, fostering, and maturing start-up and spin-out companies within Life Science. The program works closely with quantum startups in NATO's NATO DIANA (Defence Innovation Accelerator for the North Atlantic) initiative, as well as BII's Venture Lab Program and Residence Program. Groundbreaking research is underway at the globally renowned Niels Bohr Institute, University of Copenhagen, and at the NATO Center for Quantum Technology, which was launched last year. We're excited to support and work within the rapidly growing Danish quantum ecosystem.

We're expanding our team.. And our vision. Welcome Kris Kaczmarek 🎉 Our new Investment Director, Dr. Kris Kaczmarek previously spearheaded quantum investment activities at the London-based venture fund 2xN. There he backed a number of notable quantum startups. Prior to moving into venture, Kris was Head of Product for ORCA Computing, the full-stack photonic quantum computing company spun-out of his PhD research at the University of Oxford. Joining Kris as new additions to the QDNL Participations team are two Special Advisors: Nadia Carlsten, PhD sits across two of the most promising fields in technology today: quantum tech and AI. She is CEO of the Danish Centre for AI Innovation A/S, which has been set up to own and run Denmark’s first AI supercomputer, Gefion, which will be built in partnership with NVIDIA. Charles Marcus has a distinguished background in the study and development of quantum technologies. Following an academic career at Stanford, Harvard and the Niels Bohr Institute at the University of Copenhagen, he became Scientific Director of Microsoft Quantum Lab–Copenhagen in 2016. In April 2023, Charles joined the University of Washington faculty in Materials Science and Engineering in the College of Engineering, and in Physics in the College of Arts and Sciences, as the Boeing Johnson Endowed Chair. Full press release below 👇

📣 Last week our portfolio company Qblox secured a $26 million Series A. 👉 Chad Rigetti, who led the initial investment for QDNL Participations in Qblox says: "Qblox has a unique combination of rapidly expanding market, a stellar and highly technical founding team, and an already established track record of strong revenue growth. Their impact on the quantum sector and advanced computing is just beginning.” This is one of the biggest Series A rounds worldwide for quantum technology this year and marks the largest investment round ever for a quantum company in The Netherlands The company’s founders, Niels and Jules, combine a strong academic foundation with the entrepreneurial drive that is essential to building a successful university spinout. Quantum computing, sensing, and networking systems require electronic control technology for their development and operation. Qblox has established itself as one of the leading providers of these control systems, and is poised to capitalize on the growing adoption of quantum technologies across a range of industries. More details on the round via Quantum Herald, article in comments below. #quantumtechnology Ton, Chad, Cheryne

📣 We’re incredibly proud to announce that our portfolio company, Qblox, has raised a $26 million Series A round. This is one of the biggest Series A rounds worldwide for quantum technology of the year to date and marks the largest investment round ever for a quantum venture in The Netherlands. Quantum computing, sensing, and networking systems require electronic control technology for their development and operation. Qblox has established itself as one of the leading providers of these control systems, and is poised to capitalize on the growing adoption of quantum technologies across a range of industries. 👉 QBlox founder and CEO Niels Bultink says: “It has always been clear to us that quantum technology should be seen as a value chain where we work with dedication on one crucial layer of the stack, currently serving over one hundred customers. Almost uniquely in the industry, this has allowed us to grow the company exponentially fueled by revenue rather than investments. With our first equity investment we secure our long-term growth, positioning Qblox as the enabler for industrial-scale quantum systems.” Congratulations to the Qblox team on their remarkable achievement 🚀 #quantum #quantumtechnology