QDNL Participations

QDNL Participations is a venture capital firm dedicated to accelerating the quantum information age by funding and supporting early-stage quantum technology startups globally. Established in 2023, the firm initially launched a €15 million fund focused on the Dutch quantum ecosystem, investing in companies such as Qblox, QuantWare, QphoX, and Q*Bird. In January 2025, QDNL Participations announced the first close of a new fund, targeting €60 million, to expand its support to quantum startups worldwide. This expansion reflects the firm's commitment to identifying and building the next wave of global leaders in quantum technologies. The team comprises experts with PhDs in Physics from institutions like Oxford, Stanford, Harvard, Yale, and UC Berkeley, bringing a unique blend of scientific and technical expertise to their investments. Their investment strategy focuses on quantum computing, sensing, communication, and enabling technologies, aiming to bridge the gap between the grant-giving phase of quantum research and the 'patient capital' phase of venture investment. By providing impactful business and commercial support, QDNL Participations transforms potentially great technical ideas into investable companies, helping brilliant technical minds organize leading talent to bring their ideas to the world for the benefit of humanity. The firm's portfolio includes notable companies such as Quantum Elements, which launched an AI-native quantum development platform, and EuQlid, a startup developing a quantum device for analyzing the inner workings of semiconductors. These investments highlight QDNL Participations' dedication to fostering innovation in the quantum technology sector and supporting the commercialization of groundbreaking quantum solutions.