Summary
Sparrow Quantum has raised €27.5m ($32m), the largest quantum-tech round in the Nordics. Led by North Ventures and the EIB’s venture arm, the funding scales production of its deterministic single-photon chips and supports global expansion. The Sparrow Core emits identical photons on demand for optical quantum computing and quantum communications. It works at room temperature and resists noise, a practical edge over cryogenic superconducting approaches.
The new capital moves Sparrow from prototypes to mass manufacturing, with the Core already under evaluation by European tech firms. By improving yield and integration, Sparrow wants to ship compact laser-and-source modules that plug into photonic processors and quantum crypto networks. For CISOs, deterministic single-photon sources promise higher-rate, lower-leakage QKD and easier deployment in datacenters and telco nodes. It is also a strategic win for Europe, bolstering Danish and EU hardware capacity and reducing dependence on non-European supply chains.
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See the original article at: https://postquantum.com/industry-news/sparrow-quantum-32m/