Runa Capital’s Post

🏆 We are proud to announce that Welinq is an EIC Accelerator winner!    ⭐ The EIC Accelerator is a highly-selective funding set up by the European Commission to support the continent's most promising startups.    ⚛ It is in this context that Welinq is honored by the trust of the European Commission. This support highlights the vision that Welinq has carried since its creation: modular quantum computing represents the future of the quantum industry, and Europe is leading this revolution.    🔗 The EIC Accelerator funding recognizes Welinq's groundbreaking quantum interconnect technology, which enables the deployment of quantum computers in clusters to drastically improve their computational power and provide a shortcut to error-correction. This support will enable Welinq to strengthen its leading quantum interconnect technology and bring it to market. More information below: 👇 https://lnkd.in/dk4CQzgt   🙏 Many thanks to our supporters: PCN Conseil européen de l'innovation (EIC), Zaz Ventures, Agoranov, Sorbonne Université, CNRS Innovation, Quantonation, Runa Capital, Tom Darras, Eleni Diamanti, Jean Lautier-Gaud, Julien Laurat, Secrétariat général pour l'investissement, Bruno Bonnell, Neil Abroug

Congratulations QuantaMap! Today, the company announced its €1,4m investment round. ➝ Leiden-based quantum startup QuantaMap just announced it raised an early-stage investment round, to produce quality assurance tech for the production of quantum computer chips. Like TNW just wrote while covering the news: 'The quantum revolution will not happen unless an entire ecosystem comes together, each part reaching the highest potential of its own expertise. And plenty of that development is happening in the Netherlands.' QuantaMap aims to become the backbone of chip R&D and quality assurance in our industry; the standard for ensuring that every qubit on every chip performs optimally. “Imagine if every quantum researcher and manufacturer had a finely tuned compass to navigate the uncharted quantum landscape of their chips; that's what we are creating,” said QuantaMap CEO, Johannes Jobst. QDNL Participations led the funding round which, combined with our grant for SMEs, will be used to further develop the technology and scale production capabilities as the startup prepares to go to market. 🗞️ Read all the details in the press release on the QDNL Participations website, or on TNW, Silicon Canals, Emerce. Congratulations to the entire team! 🎉 💡 QDNL Participations will invest €15 million into early-stage Dutch quantum computing startups in the coming years. The QDNL Participations fund provides the bridge between the grant-giving phase of research and the 'patient capital' phase of venture investment. 💡 Our SME programme is a collaborative effort of Quantum Delta NL, Nano4Society and MinacNed, which aims to connect 125 high-tech Dutch SME companies to enhance the added value of SMEs in quantum technology. Over the next seven years, a total of 35 million euros will be available for this purpose. #quantum #deeptech #QDNL #QDNLparticipations Infinity QD Leiden Institute of Physics

Meet COGNIFIBER, an Asper Prize 2024 Finalist! What is their #StartupStory? CogniFiber, was founded in 2018 by Dr. Eyal Cohen and Prof. Zeev Zalevsky with the aim to reinvent computation and create a new, AI-driven reality. The company is developing revolutionary scalable and trainable neuromorphic photonic processors to accelerate AI computations in the markets of HPC Servers, High-Frequency Trading, Cybersecurity and Low-Latency Switching. CogniFiber’s DeepLight technology, supported by 36 patent applications, will reach a staggering computation speed of up to 1000X over any existing processor (Giga-inferences/sec) while consuming less than 1% of the power per task.  The company currently raises its A-2 Series ($15M, $5M closed, $30M valuation), which is a unique opportunity just before scale-up. Current traction includes global fiber manufacturers (OFS, Fujikura, NKT), Global players (Intel, Seagate, Dell, AMD) and governmental innovation bodies (IAA, MAFAT). Proceeds will be used to productize current processors, accelerate market penetration, and close first contracts with our design partners. Follow along to see if they will be the rising Startup of the year! The Hebrew University of Jerusalem, Asper Foundation, Yissum, The Hebrew University Tech Transfer Company, Amnon Dekel, PhD, Eyal Cohen, PhD Bridges Israel, Deep Insight, Grove Ventures, JVP, Meron Capital, OurCrowd, PICO Venture Partners , Target Global, 10D #technology #startup #innovation #asperprize 

📰 News: 📰 🌟 DUALITY QUANTUM ACCELERATOR WELCOMES 5 STARTUPS INTO FOURTH COHORT 🌟 🔬 The quantum revolution has arrived in Illinois, as the Duality quantum accelerator proudly announces its fourth cohort of startups. 🚀 These innovative companies are developing cutting-edge products and solutions across the quantum technology landscape, including quantum computing, sensing, and communication. With a mission to revolutionize industries like biomedicine and aerospace, these startups are poised to make a significant impact. 💡 Led by the Polsky Center for Entrepreneurship and Innovation at the University of Chicago and the Chicago Quantum Exchange -CQE-, Duality is a first-of-its-kind accelerator that supports next-generation startups in the quantum science and technology space. The program provides world-class business and entrepreneurship training, lasting 12 months and featuring partnerships with leading institutions like the University of Chicago Booth School of Business. 📈 Duality startups have already achieved impressive milestones, having raised over $20 million in funding since the program's launch in April 2021. With such momentum, these startups are ready to unlock groundbreaking solutions that will shape the future of quantum technology. 🌐 The Midwest's quantum ecosystem continues to flourish, with the state of Illinois recently allocating an additional $500 million for quantum computing. Furthermore, a state-of-the-art quantum campus, the Illinois Quantum and Microelectronics Park, will be built on Chicago's South Side, further enhancing the region's quantum capabilities. 🚀 Join the conversation and discover the possibilities that quantum technology holds for businesses and humanity. Share your thoughts and ideas below, and don't forget to follow Spin Quantum Tech for more quantum updates. Let's embark on this transformative journey together! ✨ ➡️ Comment below and let us know what excites you the most about the potential of quantum computing for businesses and humankind! ⬇️🌌 #Future #Futurism #Innovation #Business #ArtificialIntelligence #QuantumComputing #SQT https://lnkd.in/eqU2ktKd

❓️Why should #deeptech startups consider Grenoble as their home base? In a nutshell, here's why: "Grenoble ranks fourth (tied with Munich) for deeptech funding among European cities in 2023, behind Stockholm, Paris and London, according to Dealroom. The technological breadth of those startups speaks to the wide range of scientific expertise that can be found in a city where research and industry collaborate across its constellation of universities such as CEA-Leti and Université Grenoble Alpes, public-private innovation hubs like the MINATEC micro and nanotechnology innovation campus, and scientific talent." These aspects were among the determining factors for our decision in locating Magnetfab in Grenoble, in addition to our privilege of being hosted at the world-renowned Institut Néel CNRS and the region's dominant position in the semiconductor and microelectronics industries on a European scale. https://lnkd.in/egxbZbHg

Cambridge-based startup Wave Photonics has successfully secured $4.5 million in seed funding. This investment will support the company's development of advanced photonics technologies. Wave Photonics aims to drive innovation in the field and expand its technological capabilities. The funding marks a significant milestone for the startup as it progresses toward its goals. https://lnkd.in/gxNTh5WP #WavePhotonics #SeedFunding #TechInnovation #Photonics #CambridgeStartups #FundingSuccess #TechDevelopment #StartupGrowth #InvestmentNews #PhotonicsTech #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

Nestled in the heart of the Alps, Grenoble is quietly transforming into Europe's deeptech powerhouse. 🚀 Recent massive fundraisings are putting this French city on the global innovation map, thanks to an insightful article by Sifted. 🔍 Tech Diversity: Verkor's €2bn gigafactory plans. Aledia's $120m for microscreen tech. GreenWaves' $20m for fabless semiconductors. Quobly's €19m for quantum computing. Renaissance Fusion's $19m for nuclear fusion. 🤝 Collaboration Hub: Universities like CEA-Leti and Université Grenoble Alpes. Innovation hubs like MINATEC micro and nanotechnology campus. Public and private labs, including major tech players like #Google, Salesforce, #Oracle, #HP, and #Apple. 💡 Grenoble's DNA: Strong ties between academia and industry. 'Lab to Fab' model fostering research to innovation to commercialization. Historical roots in hydroelectric plants and Nobel laureate Louis Néel's influence. 🌐 Deeptech Funding Surge: Grenoble ranks 4th in European deeptech funding. €1.2bn raised in 2023, competing with Munich. EU Chips Act and France 2030 Plan catalyzing semiconductor and advanced tech investments. 🚀 Venture Capital Momentum: Changing mindset: from state and corporate funding to venture capital. VCs recognizing Grenoble's potential, mirroring the European shift towards deeptech. 👩💼 Talent Magnet: Grenoble's 30k researchers, 7.6% R&D jobs. Collaborative environment between academia and industry. "Lab to Fab" approach attracting diverse talent. 📈 Grenoble's Future: Accelerated growth post-Covid. Major players like Soitec and STMicroelectronics investing billions in semiconductor production. Grenoble's unique position in the European tech landscape. 🔗 Dive into the full article by Sifted: https://lnkd.in/gGZ5SfZa #GrenobleInnovation #Deeptech #Startups #Entrepreneur #sparksense

https://lnkd.in/eW8rh9dY Israeli startup RAAAM Memory Technologies has announced $4 million in seed funding to develop a System-on-Chip (SoC) SRAM replacement. Robert Giterman, RAAAM co-founder and CEO, said in a statement: “RAAAM’s Gain-Cell Random Access Memory (GCRAM) technology is a unique on-chip memory solution that only requires three transistors to store a bit of data, as opposed to 6-8 transistors needed for the existing SRAM-based highest-density memory technology.

Dresden-based #SEMRON Raises €7.3M Seed Funding. SEMRON creates potent, energy-efficient computer chips that improve AI functionality in small, smart #gadgets. The company’s novel method to chip design makes use of three-dimensional space, enabling previously #unheard-of efficiency gains. Current processors have issues with size, cost, and energy #consumption, which makes them less #appropriate for AI models in the future on smaller smart devices. Alternative strategies ignore the #requirement for cost reductions, memory density to prevent the size of AI models from exploding, or the inability to run several classes of AI algorithms in favor of #concentrating on a particular #technical aspect like energy efficiency. Lead the current funding round, Join Capital had participation from new investors SquareOne, OTB Ventures, Hermann Hauser (Onsight Ventures), and Pre-Seed investors Dr. Wolfram Drescher (BlueWonder), Andreas Werner and Sven Sieber (Gigahertz Ventures), and Hans Rohrer, the former president of TSMC who oversaw the company’s European operations, continued to support the round. With the additional funding, SEMRON will #accelerate the development of hardware and compilers, staff growth, and #internationalization. By year’s end, the #corporation wants to triple its staff. SEMRON goal is to develop artificial intelligence chips with the #smallest possible footprint without sacrificing #processing power. They require a very high compute density for this. SEMRON JOIN CAPITAL SquareOne Venture Capital OTB Ventures Georg Stockinger Jan Borgstädt To share your startup story write us on - contact@startuprise.co.uk #semron #funding #eustartup

There are only 6 days left to apply to participate in the next cohort of ASTRA, Israel's first early-stage space technology-focused accelerator! Applications for Cohort 5 are open through January 15, 2023! Learn more about the program and apply: https://bit.ly/3nDkRug What: 7-month program (3-month Bootcamp + 4-month Post-Program Plan) designed to scale space technologies by providing startups support with fundraising, business development, securing proof-of-concept, commercialization, product-market fit, and much more. Where: Tel Aviv, Israel Who: Pre-seed and seed stage startups and mature research projects focused primarily on space technologies. Focus areas: Satellite communication systems, quantum sensors & computing, energy & clean tech, artificial intelligence, advanced manufacturing, sensors & data fusion, robotics mobility, optoelectronic tech, and nanotechnology Powered by Starburst Aerospace & IAI - Israel Aerospace Industries (IAI) ——— Cohort 4 is well underway, and last week, we had several invaluable sessions with key industry leaders (pictured here): - We were honored to host the head of DDR&D (MAFAT), Dr Danny Gold, for a visit, during which our startups were given the opportunity to pitch their product or technology for his expert and highly regarded feedback. - Renana Ashkenazi, GP at Grove Ventures and one of the leading investors in the industry, shared an impactful presentation, offering the teams guidance on the world of fundraising by taking us to the backstage of the VCs. We look forward to more guest speakers like this in the remaining weeks of Cohort 4 and as we continue with the launch of Cohort 5! cc: Noemie Alliel, Ella Barak, Avital Vilkin, Inbal (Biran) Kreiss, Lea Alon #astra #accelerator #startup #fundraising #founder #space #technology #aerospace