A new €300 million quantum fund based in Denmark is making significant strides in the global quantum race, with investments spanning all stages and a focus on European leadership.

Co-founded by quantum experts Owen Lozman, Dr. Helmut Katzgraber, and Dr. Kai Hudek, the fund has attracted anchor investors like EIFO, Novo Holdings, Vsquared Ventures, and Cambium Capital.

The fund emphasizes the importance of strategic public support, with the G7 pledging over $40 billion in coordinated funding to bolster quantum technology for economic sovereignty, climate resilience, and security.

As quantum hardware matures and software becomes more robust, companies supported by this fund are poised to transform industries such as computing, security, and materials science, moving from research labs to commercial markets.

This shift is driven by increasing private investment, which is crucial for scaling technologies like quantum interconnects, cooling systems, and algorithms, marking a transition from public to private funding dominance.

Portfolio companies like IonQ and QunaSys are already demonstrating commercial viability, securing contracts with universities, defense labs, and pharmaceutical firms, signaling a maturing quantum ecosystem.

The fund aims to build a comprehensive network of hardware, software, and cloud service providers to foster a resilient quantum industry and accelerate innovation.

Investments are designed to create synergies across portfolio companies, balancing short-term commercial goals with long-term technological advancements.

European leaders emphasize the need for Europe to lead in quantum technology to remain competitive, especially as classical computing approaches its limits and quantum becomes a strategic imperative for AI and drug discovery.

Led by Managing Partner Owen R. Lozman, the fund’s international team maintains a European focus while expanding its global reach, supporting collaborations with research agencies and private industry.

Supported by sovereign wealth funds and multinational banks, the €300 million fund aims to position Europe as a key player in the future of quantum, fostering partnerships with entities like the UK’s Quantum Technology Hub.

This investment aims to catalyze the quantum ecosystem, transforming industries, strengthening national security, and addressing global challenges through strategic collaborations.