Quantum VC firm 55 North launches with first close of €300m fund

Contributing sentiments towards policy:

63% : Denmark's quantum ecosystem Quantum is increasingly becoming a strategic priority for governments around the world, with the EU, the UK, Germany, France and Denmark embedding the technology into their security and innovation initiatives.
59% : The Danish government launched a national strategy for quantum technology in 2023, committing DKK 1.2bn (€160m) to quantum technology research until 2027.
54% : " While quantum technologies have so far largely been supported by public funding geared towards R&D-intensive projects, Lozman says it is now the right time to back the technology with private funds focusing on developing commercial outcomes. 55 North will back technologies that enable quantum computers to scale up, such as interconnects, cooling systems and design elements, as well as software companies developing the quantum algorithms needed to run the devices.

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