QBN and CM-Equity Sets Up €100 Million Quantum Technologies Fund

CM-Equity and QBN joint fund

Black Quant
Michael Kott, Partner at Black Quant and CEO at CM-Equity; Johannes Verst, CEO at QBN and Initiator of Black Quant.

PRESS RELEASE — CM-Equity and Quantum Business Network (QBN) announced the creation of a new deep tech venture fund to invest in early-stage companies and scale-ups mainly within Europe.

Black Quant Fund will use the €100 million for pre-seed to series A and later investments to accelerate technological advancements and the commercialization. The European Commission and national governments first and foremost Germany and France ramp up their investments to catch up in the global race with the US and China.

Black Quant Fund closes the gap in the European investment space to allow Europe’s brilliant researchers and entrepreneurs, renounce private capital from the US or Asia and empowers them to become global leaders.Quantum computing, sensing and communication as well as quantum enabling technologies will impact pretty much every important sector from healthcare, digital, industry and transport to climate and security.

To pave the way to our significant future Black Quant’s support goes far beyond funding and offers to deeptech entrepreneurs access to the best, tailor-made business acceleration.

“The commercialization of quantum technologies and its enabling technologies is crucial for Europe to tackle our global and societal challenges and strengthen our industrial competitiveness and sovereignty.” said Johannes Verst, CEO at QBN. “Therefore, I am super happy that QBN could initiate and now support Black Quant to bridge the critical gap in quantum technology innovations and empower people driving their quantum ventures from lab to leading, sustainable and profitable businesses.

““Since inception CM-Equity created alpha for our investors through enabling access to new technologies and megatrends while investing in Start-ups and selecting Market-Leaders. The impact of quantum technologies on human life will be greater than anything we have experienced before, comparable to an industrial revolution through computers and the Internet on an even larger scale. Our partnership with QBN incubated the Black Quant Fund – a fund where European Quantum Tech Start-ups meet European Capital to create outstanding alpha for the benefit of all involved stakeholders.” said Michael Kott, CEO at CM-Equity.




Matt Swayne
Matt Swayne
Matt Swayne is a contributor at The Quantum Insider. He focuses on breaking news about quantum discoveries and quantum computing.

Related Articles

Latest Articles

Jobs Board

TQI jobs board provides exclusive jobs offerings all over the internet from tech, quantum, digital and scientific organisations.