€15M to fund Dutch quantum startups

Quantum Delta NL has launched the new 15-million-euro QDNL Participations fund to help turn Dutch quantum technology research into venture capital-investable startups. The fund will back early-stage companies, typically leading the round with up to 1.5 million euros. It will also offer 50,000 euros to teams developing promising technologies, before they’ve even incorporated, and help them launch. When the startup is ready to move forward, this money is converted into an equity investment.

The new fund is designed to provide researchers with the financial support they need to prepare their work for commercialization. Its focus is industry wide, including hardware, communications and sensing technologies as well as suppliers of components essential to the growth of the sector. The deal flow will primarily be sourced from research at Delft University of Technology, Eindhoven University of Technology, Leiden University, the University of Amsterdam and the University of Twente.

In addition to the fund, Quantum Delta NL has also launched a new support program called Infinity. It’s designed to help researchers navigate the university spinout process and raise their first funding round. Because the program isn’t tied to a specific university, it can provide independent, expert advice on how founders can commercialize their work in the right way, with the right partners. For fundraising, Infinity offers a network of more than 800 deep-tech investors globally, including QDNL Participations.