As the excitement in Quantum computing and allied technologies hots up, more dedicated funding is looking at the sector. An early stave investment fund from the UK is looking to invest up to £12 million for Quantum companies based in the United Kingdom.
IP group has recently announced that is looking for Quantum Companies to fund. It has £12 million earmarked for investment in the nascent quantum sector.
The fund from IP group is looking for the following:
- Existing UK-based companies (or founders that are looking to incorporate in the UK) and which are seeking equity financing
- Projects of between £125k and £2m in size which exploit second-generation quantum techniques or are developing direct supporting technologies
- Teams of strong founders with a mixture of science and business backgrounds
To read more about the funding opportunity please follow this link