55 North, the world’s largest dedicated quantum technology venture capital fund, today announced the first close of its €300 million inaugural Fund I at €134 million, establishing its position as the sector’s largest pure-play quantum VC.
The fund was co-founded by three founding GPs, Owen Lozman, Dr Helmut Katzgraber, and Dr Kai Hudek, who are expert quantum and deep-tech specialists. It also has anchor investors, including EIFO (the Export and Investment Fund of Denmark) and Novo Holdings, as well as European VC firm Vsquared Ventures and US-based Cambium Capital.