Qubits Ventures, a venture fund focused on quantum technology companies, is hosting a $100,000 Quantum Startup Pitch Competition at the Q2B 2023 Silicon Valley conference. The competition is open to early-stage quantum startups, including those in quantum applications, devices, systems and transitional tech. Nardo Manaloto, founder of Qubits Ventures, believes this opportunity could accelerate the impact of quantum companies on societal problems. The competition will take place on Dec. 6, 2023, and applications are open until Nov. 15, 2023. The event aims to provide visibility and funding to promising startups in the quantum field.
“I am excited to provide this funding opportunity for early-stage quantum companies that ultimately may be able to accelerate their impact on societal problems,”
Nardo Manaloto, founder and managing partner of Qubits Ventures.
Quantum Startup Pitch Competition by Qubits Ventures
Qubits Ventures, a venture fund focused on quantum technology companies, is set to host a $100,000 Quantum Startup Pitch Competition. The competition is open for applications and offers an opportunity for quantum startups to present at the Q2B 2023 Silicon Valley conference on Dec. 6, 2023. The competition is aimed at providing funding opportunities for early-stage quantum companies that could potentially accelerate their impact on societal problems.
The competition is open to a wide range of quantum companies, including those involved in quantum applications, quantum devices, quantum systems and transitional/bridge tech. The selection for the competition will be based on the uniqueness, feasibility, financial viability and market desirability of the applications.
Application Process and Evaluation
Quantum startups in their early stages are encouraged to submit an application form online by Nov. 15, 2023. The applications will be evaluated based on their uniqueness, feasibility, financial viability and market desirability.
Seven finalists will be selected from the applications. These finalists will then present their company’s value proposition to investors during a live session at the Q2B Silicon Valley conference on Dec. 6, 2023. Startups focusing on quantum solutions that have raised less than $5M in funding, or those in pre-seed or seed level funding stages, are eligible to apply.
Benefits for Finalists
Finalists of the competition will not only compete for the financial prize but will also gain significant visibility. The competition will be attended by hundreds of conference attendees, including media, venture capital funds and analysts. This provides an excellent platform for the startups to showcase their value proposition and gain exposure.
About Qubits Ventures
Qubits Ventures is a pre-seed/seed venture fund that supports early-stage quantum and photonics companies. The company, founded in 2021 by Nardo Manaloto, invests in scalable technology startups that are applying quantum technologies to solve complex problems and provide positive societal impact.
Q2B Silicon Valley 2023 Conference
The Q2B Silicon Valley 2023 conference will be held at the Santa Clara Convention Center in Silicon Valley on Dec. 5-7, 2023. This is the seventh Q2B conference, featuring top academics, industry end users, government representatives and quantum computing vendors from around the world. More information about the conference and Qubits Ventures can be found on their respective websites.
Manaloto added, “While this quickly evolving industry already has numerous global conferences, we selected Q2B Silicon Valley for the pitch competition because it is one of the longest-running conferences and continues to attract the most important quantum players alongside promising younger startups ready to scale.”
Summary
“Qubits Ventures is hosting a $100,000 competition for early-stage quantum technology startups, offering them a chance to present their ideas at the Q2B 2023 Silicon Valley conference. The competition aims to accelerate the impact of quantum technology on societal problems by supporting unique, feasible, and financially viable quantum solutions.”
- Qubits Ventures, a venture fund focused on quantum technology companies, is hosting a $100,000 Quantum Startup Pitch Competition at the Q2B 2023 Silicon Valley conference on December 6, 2023.
- The competition is open to early-stage quantum startups, including those working on quantum applications, devices, systems, and transitional/bridge tech.
- Nardo Manaloto, founder and managing partner of Qubits Ventures, expressed excitement about the opportunity to accelerate the impact of quantum companies on societal problems.
- Applications for the competition will be evaluated based on uniqueness, feasibility, financial viability, and market desirability.
- Seven finalists will be selected to pitch their company’s value proposition to investors at the conference. Eligible startups are those focusing on quantum solutions that have raised less than $5M in funding, or those in pre-seed or seed level funding stages.
- Qubits Ventures aims to accelerate the impact of quantum technology, with a team of advisors, venture partners, and quantum experts who believe in the potential of quantum technology to solve complex problems.
- The Q2B Silicon Valley 2023 conference will be held at the Santa Clara Convention Center in Silicon Valley from December 5-7, 2023.
