May 13, 2024

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Quantum computers: You need to know about these 5 startups

Quantum computers: You need to know about these 5 startups

Chiara DeCaroli has a PhD in Quantum Physics and studied at the Karlsruhe Institute of Technology and the ETH Zurich. She now works at the Redstone Fund, which is dedicated exclusively to investing in quantum startups.
redstone/Getty Images/Fashal

Huge but so small: “Quantum technology is very exciting. The disruptive potential is huge. At the same time, it is very early.”

Chiara DeCaroli has been there for a long time: when the Italian studied physics, she discovered quantum physics as her specialty. She is currently working on her MSc in Quantum Optics at Karlsruhe Institute of Technology and her PhD in Quantum Computing at ETH Zurich. “Quantums are the stuff that reality is made of,” she says. “It’s about the smallest building blocks of everything, the essence of reality.” She wonders and laughs how this could possibly not completely impress someone.

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Marco Stutz and Chiara DeCaroli lead Redstone's Quantum Technology Fund.

€52 million for Quantum Technology – Redstone launches new fund

Decaroli has been working at Redstone as a “quantum fund manager” since September 2023. The European early-stage investor wants to invest approximately €52 million (CHF50 million) in quantum technology with QAI Ventures over the next few years. The initiative aims to advance the development and commercialization of quantum technologies and position Redstone as a leader in the European quantum revolution, the company said in a statement issued in late summer 2023.

Why should investors invest in quantum startups?

“We are already witnessing a technological revolution here, similar to that brought about by classical computers and the Internet,” says the Italian. “The significant progress made in recent years suggests that we are increasingly approaching the point where the technology is mature and can be used commercially. That is why it is important to invest in these startups now.”

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