(QuantumDelta) Quantum Delta NL has launched LightSpeed, a program that can connect Dutch quantum startups with 13.6 billion in investment capital, managed by European and U.S. funds. The startups will be guided by Quantum Delta NL’s Investor in Residence Ton van ‘t Noordende (founder PHX, founder and former deep tech investor | 01Ventures).
With LightSpeed, quantum startups will receive personalized tailored assistance to scale their businesses and optimize their attractiveness to investors. Specifically for the project, contact has been made with European and American funds, totalling up to 13.6 billion in investment capital. By helping these startups with everything related to scaling their business and fundraising, rapid scenario planning, cap table assessment and finding investors, Quantum Delta NL wants to increase the number of successful quantum startups founded in the Netherlands. Currently, the country has 7 official quantum startups. This number should grow to 100 by 2028. These companies are considered to become of great value to the Dutch economy.
LightSpeed is built for Dutch quantum startups in all phases, ranging from pre-foundation to series B and everything in between, with a focus on market validation and investment. The LightSpeed-team has led the effort and guided Delft-based quantum modem startup QphoX to successfully raise 2 million euros in funding, right out of stealth. The funding round was led by a European syndicate of top deeptech investors, Quantonation, Speedinvest and High-Tech Gründerfonds, with participation from TU Delft University.