Venture capital firm – Quantum Wave Fund – looking to invest $100 million in quantum physics
Friday, December 14, 2012 - 08:31
in Mathematics & Economics
(Phys.org)—Venture capital firm Quantum Wave Fund has announced that they have raised $30 million of their goal of $100 million to invest in quantum research efforts. The group is based out of Boston though its members have mostly Russian backgrounds. They also have offices in Moscow and New York. The stated purpose of the firm is to seek out research teams who have made progress in developing quantum technologies and then to offer them funding to help bring the technology into the commercial sector.