Summary
Investor confidence in quantum is rising. London-based Firgun Ventures has closed a $70 million first tranche of a quantum-focused fund anchored by the Qatar Investment Authority, with a $250 million target. The fund backs post-seed, pre-expansion startups at Series A and B, investing across quantum computing hardware and software, quantum communications like QKD networks, and quantum sensing. Firgun is led by Dr. Kris Naudts and Zeynep Koruturk and advised by experts from Cambridge, Oxford, MIT, Google, and others.
For cyber leaders, this capital signals momentum from prototypes to real deployments in the quantum security stack. Expect more robust vendors, clearer commercialization paths, and pilots that scale, particularly in QKD and sensing use cases. Firgun’s thesis is that quantum is shifting from theory to real-world impact, and this raise positions them to help the standout players reach enterprise readiness.
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See the original article at: https://postquantum.com/industry-news/firgun-70m-quantum/