QDNL's emergence underscores the Netherlands' ambition to become a key player in the quantum computing sector, supported by initiatives like Quantum Delta NL. The fund's team includes notable figures such as Chad Rigetti and Kris Kaczmarek, and it is advised by experts like Nadia Carlsten and Charles Marcus. Despite initial skepticism from tech leaders like Mark Zuckerberg and Nvidia's Jensen Huang, Nvidia has since embraced quantum computing, announcing a dedicated event. The article also briefly profiles Mike Butcher, Editor-at-large of TechCrunch, highlighting his influence and contributions to the tech industry.
Key takeaways:
- VC investment in Quantum computing declined by 50% last year, with funds shifting towards Generative AI, but government spending on quantum is expected to reach $40 billion over the next decade.
- QDNL Participations, a new European VC fund, has reached a €25 million first close on a proposed €60 million fund for early-stage quantum startups, aiming to expand internationally.
- The Netherlands is positioning itself as a key player in the Quantum computing ecosystem, with government-backed initiatives like Quantum Delta NL supporting the growth of the sector.
- Despite initial skepticism from tech leaders, Nvidia has shown renewed interest in Quantum computing, announcing a Quantum exclusive event at its upcoming conference.