
QVT
888 Seventh Avenue, 43rd Floor, New York, NY, 10106, United States
Overview
QVT Financial LP is a privately owned hedge fund sponsor. The firm provides its services to pooled investment vehicles. It invests in public equity and debt across the globe. The firm also invests in alternative investment markets across the globe. It invests in structured finance, private placements, high yield, and distressed debt to create its portfolios. The firm employs convertible arbitrage, investment grade, and capital structure arbitrage techniques along with closed-end fund arbitrage and various relative value-driven equity strategies such as risk arbitrage, fundamental relative value, statistical trades, and other special situation techniques to its investments. QVT Financial is based in New York, New York with an additional office in London, United Kingdom.
- Total investments
- 15
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 6
Sector focus
- Financial Services
- Hedge Funds
Investment portfolio
- CavilinQ
Led · Seed · Apr 2026
CavilinQ is developing cavity-enhanced photonic links that aim to connect individual quantum processors into unified, modular clusters to enable larger-scale quantum computing. The platform is described as hardware-agnostic, with initial demonstrations planned for integration with neutral atom quantum processors. Its technology builds on high-fidelity light-matter interfaces advanced by scientific co-founders Mikhail Lukin and Hannes Bernien. The company plans to establish a specialized laboratory in Cambridge, Massachusetts, expand its team, and reach key technical milestones. CavilinQ announced a completed $8.8 million seed round to fund these efforts. The company positions its interconnects as enabling distributed quantum architectures that could scale performance and reliability beyond isolated processors.
- Syremis Therapeutics
Participated · Series A · Dec 2025
Syremis Therapeutics is advancing a neuropsychiatric pipeline grounded in clinically validated mechanisms, aiming to create best-in-class treatments for schizophrenia, major depressive disorder, bipolar depression and other psychiatric conditions. Its lead asset, ST-905, is a potent dual M1/M4 muscarinic receptor agonist now in Phase 1 trials and designed for once-daily oral dosing with the potential for a long-acting injectable formulation. A second program, ST-901, is a next-generation NMDA antagonist in IND-enabling studies and slated to enter Phase 1 next year to address depressive disorders. Both candidates originated at Clexio Biosciences before being spun out to Syremis. The company highlights the vast unmet need in schizophrenia, which affects more than 20 million people globally, and cites limitations in efficacy and tolerability of current therapies as its market entry point. Syremis is led by a seasoned team including co-founders Elisabeth Kogan (CEO), Elena Kagan (CDO), and Menashe Levy (CTO), with board members drawn from Dexcel Pharma, Third Rock Ventures, Bain Capital Life Sciences and other industry leaders. Its $165 million Series A financing provides the capital to advance both programs through clinical proof of concept. No commercial revenues or patient enrollment figures have been disclosed to date.
- GridPoint
Participated · Equity · Mar 2025
GridPoint is a Reston, VA-based energy management technology company whose platform decarbonizes commercial buildings and supports grid modernization. Its technology leverages data analytics, machine learning and intelligent automation to deliver visibility into complex building operations, reduce energy costs, optimize decarbonization, and increase resiliency. The platform is deployed in more than 20,000 commercial buildings across multiple industries, serving commercial enterprises and electric utilities. GridPoint raised capital to accelerate growth and pursue international expansion into Japan and South Korea. The company’s stated focus is on expanding deployments and driving sustainability and grid modernization outcomes for customers. GridPoint provides a data-driven energy optimization platform that captures energy and facility data to identify inefficiencies and automate controls to save money and reduce carbon emissions. Its subscription model removes upfront financial barriers, enabling quicker technology adoption and cost savings from day one. The platform connects buildings with energy grids and distributed energy resources, enabling participation in demand response programs and monetization of assets like batteries and EV chargers. GridPoint's platform is deployed in over 18,000 commercial sites and has generated cumulative energy savings of more than $873 million while eliminating 11.9 billion pounds of CO2e. The company achieved nearly a 200% increase in grid capacity under management in 2021 versus 2020, driven by rising energy costs, grid reliability issues, and extreme weather. GridPoint is expanding financing partnerships to meet growing demand for its platform and accelerate commercial building decarbonization. GridPoint provides a data-driven platform that connects energy grids with the built environment and behind-the-meter distributed energy resources to optimize energy use and sustainability goals. Its technology leverages data analytics, intelligent automation and machine learning to deliver visibility into building operations, reduce energy costs, maximize decarbonization, and increase resiliency. The platform enables integration of grid-interactive assets such as EV chargers, generators and storage. GridPoint’s software and services are deployed in more than 15,000 commercial buildings across multiple industries. The company plans to use recent capital to continue developing its technology platform and to accelerate deployment of its solutions. Funds will also support investments in sales, marketing, delivery and customer success to drive growth and grid modernization impact. Gridpoint provides design, build and installation services for energy tracking and management systems aimed at companies and government agencies seeking to cut costs and reduce consumption. The company has developed a specialty in sourcing solar and other clean‑tech equipment from domestic suppliers to qualify for federal and state subsidies, rebates and grants. Gridpoint has pursued growth through acquisitions in the smart‑grid space and won a $28 million contract with the United States Postal Service to install energy management systems in selected post office locations. In October 2010 the company appointed John B. Spiritos as CEO. The recent SEC filing shows Gridpoint raised another $23.6 million, intended to fund its energy system work, though specific deployment plans were not detailed in the filing. No revenue or user metrics were disclosed in the article.
- QuEra Computing
Participated · Convertible Note · Feb 2025
QuEra Computing is a Boston-based quantum technology company that has pioneered a neutral-atom platform capable of room-temperature operation, wireless laser control and dynamic qubit rearrangement. In 2025 the firm, in partnership with Harvard, MIT and Yale, demonstrated continuous operation of a 3,000-qubit array, integrated fault-tolerant architecture with 96 logical qubits, logical magic-state distillation and a new algorithmic fault-tolerance framework, collectively resolving the main barriers to large-scale quantum computing. QuEra’s systems, such as the cloud-accessible Aquila and the on-premises Gemini-class machine installed at AIST in Japan, are already powering dozens of peer-reviewed scientific papers and hybrid HPC workflows. Commercial traction accelerated in 2025 with record revenue and cash collections from product and service deliveries, and the company has doubled its global workforce. Looking ahead, QuEra plans to unveil third-generation systems in 2026–2027 featuring large numbers of high-quality logical qubits for classically intractable problems. The company operates globally from Boston, Tokyo and the United Kingdom while expanding its Quantum Alliance with partners like BCG X and Deloitte Japan.
- Lightsynq
Participated · Series A · Nov 2024
Lightsynq develops optical quantum interconnect technology to enable hardware providers to link quantum processors and overcome single-system scaling limits. The company’s approach uses color centers in diamond photonic devices to build quantum memory and interconnect hardware. Founded by former Harvard quantum networking experts and AWS Center for Quantum Networking leaders, the team includes Dr. Mihir Bhaskar (CEO), Dr. Bart Machielse (CTO) and Dr. David Levonian (CPO). Lightsynq came out of stealth with plans to combine a quantum networking platform and scalable photonic fabrication to enable foundry-scale production. The startup aims to increase usable qubits across networks to accelerate industrial and commercial applications of quantum computing in areas like chemistry, materials and cybersecurity. The announced funds will be directed to building the company’s quantum interconnect technology and scaling manufacturing capabilities.