Accelerating the Quantum Information Age
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We're Ground State Ventures. We discover high-potential quantum technology startups across the world and support them from the very beginning.
The quantum technology revolution is just getting started. We identify the teams shaping this future and give them the funds and support they need to build world-changing businesses.
OUR PORTFOLIO
17Across quantum computing, sensing, communications and infrastructure, we invest in the best teams working at the cutting edge of what's possible to build the next generation of era-defining technology businesses.
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Investment Team
07Platform and Operations Team
04
GSV in the Media
06Fast Company29.09.2026
It's time to stop sleeping on quantum computing
Ground State Ventures GP Ton van 't Noordende discusses the emergence of more accessible tooling to attract a wider range of experts to quantum computing.
The Quantum Insider23.09.2026
Azulene Labs Secures $3.4 Million Led by Ground State ventures
Azulene Labs raised $3.4 million in pre-seed funding to develop physics-based AI models for drug discovery, materials development and industrial chemistry.
The Quantum Insider31.08.2026
Diffraqtion Raises More Than $10M for Quantum Camera Development
Diffraqtion has extended its pre-seed round, securing strategic investments from Lockheed Martin Ventures and Presidio Ventures. Ground State Ventures was the first check in.
Tech.eu16.07.2026
Arq secures $1.4M pre-seed led by Ground State Ventures
Arq is a Spanish quantum technology startup developing hardware for the quantum internet, including quantum repeaters designed to enable secure, long-distance communication between quantum computers over fibre optic networks.
Sifted05.05.2026
Intel backs quantum startup Quantware in $178m Series B to kick-start production at ‘industrial scale’
The Dutch startup plans to open an industrial-scale facility this year to boost the production of quantum processors
Tech Funding News28.04.2026
Ground State Ventures raises $88M fund to back early-stage quantum startups
Ground State Ventures, previously known as QDNL Participations, has raised an $88 million fund, 26% above its original $70 million target.
News & Features
18
We're backing Azulene Labs' groundbreaking approach to chemistry
We’ve led a $3.4 million pre-seed round into this startup creating the future of drug and materials development.
23.09.2026
We've led Arq's $1.4 million pre-seed round
This team's technology will accelerate the development of the quantum internet.
16.07.2026
Ground State Assembly was a statement of intent
Conceived as the private forum for quantum capital, it was a statement of intent for where we’re going next as the world’s best specialist early-stage quantum VC fund.
26.06.2026
Kris Kaczmarek promoted to partner
With a unique background, Kris embodies our core thesis at Ground State Ventures
20.05.2026
QuantWare raises $178 million Series B round
We’re backing our portfolio company again in this record raise
05.05.2026
We’ve changed our name: QDNL Participations is now Ground State Ventures
The rebrand comes as our fund hits $88 million, well exceeding its target
28.04.2026
We’re backing Chad Rigetti’s quantum-accelerated AI servers
Today we can announce that we’re investing in our partner Chad Rigetti’s new company, Sygaldry. We have supported them from the very start, across Seed and Series A
14.04.2026
We’re backing cryogenic tech to scale quantum computing
Rhonexum uses cryogenic technology to remove a major scalability bottleneck in quantum computin
18.03.2026
QT Sense is ready to go to market with a €4m Seed round
Ground State Ventures returns to invest after backing the commercial quantum sensing leader from the start
04.02.2026
A breakthrough quantum camera for space
We have led Diffraqtion's pre-seed round
13.01.2026
A breakthrough for semiconductors and batteries
EuQlid comes out of stealth as we lead its $3 million round
04.11.2025
Out of stealth: Meet our latest investment
Quantum Elements makes it easier to build quantum solutions
22.10.2025
We're backing a 'Father of Siri' to fuse quantum tech and AI
Meet SiC Systems, our first US investment announcement
14.10.2025
Bringing quantum to life for our LPs
…at our first LP and portfolio day
08.10.2025
Orange Quantum Systems raises €12 million seed round
While QuantWare extends its Series A
12.08.2025
We’re growing our team again
Nicola Weiroster joins as an Associate on the investment team
12.08.2025
QuantWare’s €20 million Series A will push quantum processors forward
Having backed them from the start, we’ve also joined this round
06.03.2025
Understanding diseases with quantum sensing
QT Sense raises €6 million
25.02.2025