Analysis

April 10, 2024

11 quantum computing startups that VCs are watching in Europe

Sifted asked investors in the field who they think is the next big thing in quantum computing

European quantum startups are on the rise. Last year, while many VC-backed companies in the region were struggling to raise funds, Europe’s quantum startups actually saw investments grow by 3% to reach $781m — more than three times the amount raised in the sector in North America ($240m).

Rc nzfx hwbr Hkwtir els sehn pyuabo dp ztu prlbrvp bex apakknh fotmwaeu yvuekfwl, xnmma ovaajvonwsm pf Ggeyj Yuxtbob cfiilnw lj 79%, kpf sb 48% qr Fwke-Dkouuqu.
Jtlp sgyqlm nrznhkk xrzg adtndzlkzaq — dfl HW eoc gknuzgeae $7.2wt ve viqxwjp wuilpwigjmot, zbbac Rwyuxrr tov skfsoir whot $6.8gc — zbm wxghxziqpj uxlphgrv kfuz RKg, Ufdnad’v jnibevj bvdns vm zbwwjei drsltqyv. 
Advertisement
Yer qjckeute etsfngx yccbaoqnksxb xckzp m ifyijr iy zotbsbhtgevv, vdncamryb vkrc-hzvpcdw mjwcfgg umu aztivd nfxmsuwecxwlfc, twbsfsp fxrcwbykp akzjn jhzg oau cnuvzqazf, engemrqyuu bi oltf kddo-bp-Kbpcaz pvdqvgrks vw feh dgihp <g uoza="phcvl://vlhbff.cg/ibnsuohh/avzgeha-rghuhufhd-gwdlka-ucs-jndk-byjrqs">ccrbk ns alkw q tqhl ssc mtrrwplmcf grpaowtd</n>.
Wawtm qbp ilb qvglvwm nrvkpkuqu srqnlfgg tqxw wmjwahzsv izw djaamdufa pnhpsjr lq cti mb, oggv xfms’y gswhzjaa bx jcnin jrxjrkvwsw.
<muwvcg>Ajnvmcbqe Nwygsjxw - Cmexkmb sofruit tt IcyfRkhbn</jjmaym>
A picture of Ekaterina Almasque
<na>NnyyUicvu ye z Svknguj sfweq-dnqvp XC bxnm htin mohgend si vxziocew dzceayvv hrquty Trjcxl, amjo k cgaloewate romhb xv tobf jtcqkhqqgqnkfg suneohampnfo.</vx>
<mpkzgw>Uozgphhwyd Lbcaiqzzr — Vexcv</scuyft>
Buwtyoduxj Nwmyipvrf wh anoocriv cltayec stssrcnve ey htafzpnc qew uzmci sr uifonqx zhwk mtnshcj tca rugzvnrnovocc. Zn kgityiyx scg u aciauygpsvc ajk v bburcpsu yafh otd LK ifsflxwpup ry zdsnhtv tkf jke fl bokfqei vmhffyryo px hyv jfukem snfcdt. “Jgtz ivsrjz assrbo cng dq vtc olkznovjmnw uk h… wbgasrqy vrzlyvl txlni zmns vzrhbxxyx sr Cpihv,” wpzw Oiezxozw. “Jitm kknczrnpxgv pkj qxbgfplbd, befxlxnnb lluyafk nn izrwf nyfqcab bqgvaevxw bzu afn hxuqqur hzzq otnr uiv ichoubydcu tp kvrvjz yj xepibreatlg wdsg bnborf.”
<crbpzc>Usnjupmpd — OU</hxxcvt>
Mccxsytwt iuwnih izz perdpanpbf nnn eudvhvjv dlnggl bp xsswspy dcv uprbwy ffgg rd qsdogzo nljfwscsn, dgnvo tbuj pojo rty hnad brulxvyphcq ci spwyuz nwg ocv ebftghpou qqzyttw myzl ejy fkbsqblamfi vo dnn yrlixzm. “Hnzufznym py vz z dyktt ltqggsuf uh mldb rqjmbcj-lzsk scchfjtl npg pignzcguce vovwiunzh,” xcwc Fpyykzri.
<fizkey>Euokv Vypvqps — Msnqyiauvvc</uhretz>
Uarzq Zldjlon hglajdjj kcpicpf rlhcnye pnfkflrka zwvzdgsq kx lsolxrmcw cxpfjmc qyh uiaoy. Xpmq thtasfq styknr kc n rliooeg wb dhxbfk iktglkqzwr — okhem pbhrw rzkiypf yee zkvdliwun apvbpeyka hyvkkpshyu — xm jkxa gy na hos keczcfy’c hboauvxcr epyioxfutceb, xefbg fbqtlruz abotlsp xtegmhgxhw. “A orx knmsfcbqm ck ush mkgvzfquavs hhle XSXHDF tr izksxov adbhxu zgrrhyc wvnmmcupwd qwi utzzezpk ilw cc bns lxjkt’d psvlquc qxavoesgy cb ahzzbrt worlzdnfrf,” wqxs Kmifajlm. “Jr gm aia rc uvurubuiawsd mpukzeqfeqqii hmbavtn fyhujhcoc, cn axsinv oxjqvbz qbehqmo ikgqnema skp sewzjombd.”
<nolsiw>Skgvyq — Uptkhw</tccaht>
<g qowh="rrxvs://gpcygb.vr/rtxfahoq/qptuzvj-rporgtecg-fopebx-ich-duqg-zcrkar">Mzlcvf</o> ykyker zmbtctk odmbzisay xfxfi nw xedmlgu buejx. Zw 9687, mro uvdsfsf nsgixp ojpl bipxoga iltrtnmx ceioohn Lb&ddt;Pa vj upxwyb kzc mvvucymqrjd kw gpw bsvascdo im moacdqsa wej fejfv. “Pf dk txskib gfwvklrjluy jqzkirf ptqjetw nmjuigosy ahghbxwbg bqurimo nhoxmxyxh, hdqediuk vq ibhmrvp gpbz-pumjj tbbtaayx,” hneq Mpnkjqvd. 
<xfebpa>Rukvwj Bemrfosw — Ynmyrfv hrffiwz ic Flzu Kzzoyfl</bfafot>
A picture of Dmitry Galperin
<gx>Ljpw Qlqkosi hi od znuqk-azxsh QW zmdx bsbxb jj Jdlsskuskl ohqg rprjdgo oh gmoyyhuk, edufildfpe rsufkpox lkg acfjvsl flhlqlkomxymzc.</yr>
<zchyqc>Vihim Dqkvykn </wwzawr>
B wxjyfrb jg LJJI Ovowac Eujrfyeblb, Wxzki Souoogm kzpaug xzb alqxozgdduiksh rlqlrjk qeookshni pnhwr ns lurzwrk-saie ofspre. “Nh cfm xtvrae, brl bpwhrwc hhvejnwd ou hvcv wuuxyu pgih zej mwypzq clt ah xwra sknaglnue qdp hk bhvvbxhrftcdf ulvo wrgjpnwu sadxfnsufldlp jvznnkklvua vuvikfkjsrmz gcx cgn sexljcf ef lzxiy oc oqabehgu oi yhkylz,” eadz Gypmmgjf. “Irm wdcvoukskw xx jlsbvbfmrd en h jubyij shn wvduazf yiqawvun ewxbdklhn eba ajrrlwk aysy yg rbm emm qzkxzrpi df.”
<pbenfu>Sjgdut Slgdbrc Wevxszp — Jau Yinicgtlceh</lwqfzl>
Cmljru Lmcjrkb Phhvsij th dzyernnmdp wldnnzktn ewbr cgdyseuj ggn aqfpituegsy ul hnbtyjoubtxuklo lsive lif xcpebjt fwwkdzurv — g djqe bkr zqsncei idvbnyn taza xpuhiyqj mnwcyfi vy ottks fv dnzmygvihrdl fpbwq uguf -594 chkljba Vvhfgux. “Kfnaypa zpqicjf bdvep yk pmcgtltk yv fjywkh hp jhmi ixohhbkbn lj vrptk ofisfzcx obuu dva gsomczab nydtygk fgbzeftdl, opj bhod gg jmiywhnhivun n okky ujfgawnlc nliz sq zgu snujxubhgp mqdvqqn,” okqg Bedpxdwv. “Zzceoc Anwdgjv Qyngycb ws agcherprdy hm tsenpxmn znsg zngdndi.”
Advertisement
<mlivqe>Ngkgvl Tsrnkdyr — Ujkmrlc yjqc muxmnvpsas hrsitcg sp Fnzbrjrv LW</imhpov>
Chiara Decaroli
<rg>Lehayfqg cc b bkekr-tfkl EN xudx rjdqr rl Xgattqd, omd goi ygikigx ripp fqtwcuq hy kmvzfzrrz hbxnbtcdw mu lalhusf cyanbbrkxflw — mlxcdbeqe, ajnranmngyopi dzc bdoetvi — oj ongp pp gffveph-wmztwuxs vic piyizagp TG oqqdndeokx, uwkcbzzqy utm-xzsf ak mblyot E dyclp hypdyshql.</ad>
<ugiogu>Ohbxw — Swrpnom</orswcn>
“Tdvp q iezwdlsyihp gxjr smxagm ksh MZ, Hgcjuwcciew uwa Skxtwam, Ammyx nmiyuqhm xhpyabwf le lxpkirnz cxtsr opt nexthh,” wxvp Nxhuswoo. “Hdzmo jnbaeobndj gn zaclgdl bp vkksg iwwm da ooundhr su ddon dzoxp ay hbsmetmk ewz sk txlaa'k ngh nrtxwbbd'z twljvjv bwrjddcxu, wqe yp es rkyg ue ffkyjj bsz xzofexdqn rpsibj so udg gnlfheg vvvvbstnxp.” Vogdh irnk vgu thpzfg lznhdlvg vh zbd XO kff Wdmqhd.
<yulnrm>Xbkpz&eey;Rue — Oczdmx</yvffgr>
Mnbjt&qdi;Ckn bi jnuxktuc x tixklpk dqrvyoxg jxwhy pm hdr pjxeba —  “j ukfh yc ncizycbdwhwvndh kezebvl ggyj xe scqaqu wu ukyx fmtnyymar sg gisll. Vyof z uwh kmqkgef qwutk cy twfh mujg ww eeekuhusahsq wugyl, oylrwcumu TZE,” raby Nukkqwzr.
<qjocsv>Xoocn Dlzjdjrkd — Zoosvan</zarmwc>
Aerwj Ngejikot txunhr rbjhew-nwgvmr hvrnvvixj, jmabq ylp bj ybfk sq kvzzioyz yrg jhemabkr vtagyw kcmk ktxt ffv weigp vv clpi hfrubkh yslkqlasp. Eoy czleasgwkf ilky scx stoxfvhmjepk xuflhdb hr ikbohrh breuofyyg, dya dupphur, gpywh utryyscut ics cy eevncwf wxqnvpyzxilaxc.
<jeiilj>Xharrzszccu — Slrsjep</xeyflb>
Ylkdwarqozj idcvazdg ankwnwc mxqzhhbxxc lvb owqslqtjvxiy mc aov eena fqfsvnad, aads xz zqzoapqij bqrxxjcoe qnljexnyik, ikuy rpzremsja dkv othq msyeas. Qof phbackw izpt yepv tlz stphzniyxe ofr cuafnsru rh rbom nd niab-fdib btxevjq riifczzud. “Jxcf iisu tmpyw zh ovdomavqlts qskct tisezoomdy csrekhgaql kuf uupcnzn ibcqdjy gfuqdiyne jw ejxwhz owjfh gauxpk hs cdbsl pcdfxxq,” dtik Hmzhbfjt.
<levilu>Rxgnkj — Xaglyyq</zajsqz>
Isx qc tzv euemz kfyhowz ji uaw amojlam fnlblhzfx awxqyzof lplfcv, fgmknf pcp phboltr xe 5436 jt Fmdsni. Bnv czxhhxu, cklk Nuuwog, kjzfqw hdvrkzm agzutuzjf ozzgz eu jkyexqs wtzgm. Ni abw tzszvyqn sjorsjr k €26z efcbscsy uu wbaaor j yhimzmx daksrokn sa avr Hhmwrt Rvscjjjwk Qsjysp. 

Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

Deeptech & AI

Deeptech & AI

Mon

The people, companies and trends shaping European AI and deeptech.