55 North Announces First Close for Record €300M Quantum Technology Fund

55 North Announces First Close for Record €300M Quantum Technology Fund

COPENHAGEN, Denmark--(BUSINESS WIRE)--Oct 2, 2025-

55 North, a New €300 Million ($352.5 MillionUSD) Fund, Launched to Scale European Quantum Technologies - Quantum Computing Report

A new venture capital fund, 55 North, has been launched in Denmark, with a target size of €300 million ($352.5 million USD) and an initial close of €134 million ($157.4 million USD). The fund was incubated by the Export and Investment Fund of Denmark (EIFO) and co-anchored by Novo Holdings. The founding partners of the [...] The post 55 North, a New €300 Million ($352.5 MillionUSD) Fund, Launched to Scale European Quantum Technologies appeared f…

55 North announces first close for €300M quantum tech fund

55 North, the dedicated quantum technology venture capital fund, today announced the first close of its €300 million inaugural Fund I at €134 million, establishing its position as the sector’s largest pure-play quantum VC.