QuReP News

Quantum Wave Fund - $100M to invest in Quantum Technologies

A new venture capital company focusing on Quantum Technologies has recently been initiated. The Quantum Wave Fund claims it has the potential to raise as much as $100 million, and intends to fund start-up companies working on new kinds of materials and technologies. The fund is Boston-based but with a global vision, having contacts in the US, Europe, Asia as well as in Russia, where several of the key backers are from. The talk of such large amounts of money is a strong endorsement of the rapidly advancing field of quantum information science.

The announcement has also been receiving significant attention in the media - see for example: Optics.org, Venturebeat and TechCrunch