Source: TechCrunch
Summary
Quantonation Ventures has closed its second fund at €220 million, exceeding its initial fund size. This investment signals continued interest in quantum and physics-based startups, contradicting predictions of a “quantum winter”. The fund will support innovative companies in these fields.
Our Reading
The launch follows a familiar script.
Quantonation Ventures raises €220 million for its second fund, more than doubling its initial investment. The fund will focus on quantum and physics-based startups, because what’s old is new again. Quantum computing is still a thing, apparently. Investors are still betting on it. Because that’s what they do.
Quantonation Ventures is just the latest to rebrand the same promise of revolutionary tech, and investors are buying it. Again.
Author: Evan Null
