Led · Series A · May 2026

Quanscient develops a cloud-based, code-driven multiphysics simulation platform combined with quantum algorithms and AI integration to accelerate hardware engineering. Its platform aims to shorten development cycles, reduce reliance on physical prototypes, and decrease simulation runtimes while producing large volumes of physics data for AI models. The company reports industrial customers across Europe, North America, and Japan, including Fortune 100 firms. Quanscient plans to use the Series A proceeds to expand internationally and continue developing its simulation, quantum computing, and AI capabilities. The company positions its architecture as a foundation for physics-aware AI models for engineering design. No revenue or other financial metrics were disclosed in the article.

Led · Seed · Apr 2026

Groove Quantum develops germanium-based semiconductor spin-qubit processors built from extendible, repeatable unit cells operated in parallel to enable scalable, high-fidelity quantum systems. The company announced a successful demonstration of an 18-qubit semiconductor processor, which it describes as a new state-of-the-art benchmark for the industry. Its technology emphasizes compatibility with standard semiconductor manufacturing techniques to facilitate scaling qubit counts via existing foundry processes. Near-term commercial plans include launching a fully integrated quantum computer featuring a spin qubit in germanium processor. The recent financing and EIC Accelerator grant are intended to support moving the technology from TRL 6 to TRL 8, grow the team, and begin industrial-grade manufacturing. Groove Quantum was spun out of QuTech and is led by founder and CEO Anne-Marije Zwerver.

Led · Seed · Apr 2026

QMatter develops a quantum compression technology that reduces the size of complex quantum problems to their essential core so they can be computed on existing quantum and classical systems. The approach aims to extend capabilities of current and next-generation hardware by improving performance of classical algorithms and broadening the set of tractable problems. QMatter is initially focused on life sciences, working with pharmaceutical and biotechnology companies to improve simulations and accelerate R&D. The company is also building physics-informed data libraries intended to support training of advanced machine-learning models. Financially, QMatter has just completed a $1.2 million pre-seed round led by 55 North with participation from XTX Ventures, Bellstate Oy, and the Conception X Angel Syndicate. With the new funding, it plans to expand its platform and scale its simulation capabilities for scientific and industrial applications.

Participated · Equity · Mar 2026

Monarch Quantum, founded in 2025 and based in San Diego, develops integrated photonics systems called Quantum Light Engines™ that provide precise photonic control for quantum computing, sensing, and networking. The company combines photonics components, systems engineering, and advanced packaging to move laboratory-scale photonics setups to manufacturable hardware. Monarch entered 2026 with more than $60 million in customer contracts from customers including Quantinuum, Infleqtion and NASA, bringing total capital and contracts to over $115 million after the $55 million growth round. Its customer base includes quantum OEMs, national laboratories, defense integrators, and advanced research institutions. Leadership is led by photonics veteran Dr. Timothy Day, whose prior team commercialized Daylight Solutions (acquired by Leonardo DRS in 2017). Monarch plans to scale production, expand its supply chain, and pursue global partnerships to become a core hardware infrastructure supplier for the quantum ecosystem.

Led · Equity · Oct 2025

Kiutra is a Munich-based deep-tech company that has developed proprietary magnetic refrigeration systems that operate without scarce helium-3, giving researchers and quantum hardware developers easier, safer access to milli-kelvin temperatures. Its turnkey cryogenic units are already installed at leading research institutions, quantum startups, and large corporates worldwide, where they support device development and quality assurance. By eliminating helium-3, Kiutra’s products aim to make the quantum supply chain more sustainable and resilient. The newly raised capital will be used to accelerate global commercialization and scale manufacturing of the next generation of cooling systems. Led by CEO and co-founder Dr. Alexander Regnat, the company positions itself as a critical infrastructure provider for the emerging quantum industry. Including the latest round, Kiutra has secured more than €30 million in combined private and public funding to date.