Sparrow Quantum Raises 21.5M for EU Photonic Chip Innovation




📅 - Danish startup Sparrow Quantum has secured 21.5 million in Series A funding to advance its mission of bringing high-performance photonic quantum chips from research labs to the commercial market. The investment, led by PensionDanmark and backed by major contributors such as EIFO (Export and Investment Fund of Denmark) and Novo Holdings, marks a major milestone in Europe's efforts to establish itself as a global quantum technology leader.

The Copenhagen-based company, which spun out of academic research at the Niels Bohr Institute, is a frontrunner in the development of deterministic single-photon sources - critical components for scaling quantum computers. Its core product, the Sparrow [...][... Check source for end of article ...]
Tags: Quantum Computing

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