Sparrow Quantum Nets $4M in Seed Round
| Date | 16th, May 2023 |
|---|---|
| Source | Photonics Media - Scientific News Websites |
DESCRIPTION
Danish quantum technology company Sparrow Quantum ApS has secured 31 million DKK ($4.5 million) in a seed funding round. The company, which was founded in Copenhagen in 2016 by Niels Bohr Institute professor Peter Lodahl, is focusing on light-matter interfaces for quantum technologies by bringing foundational quantum photonic components to market. Deterministic light-matter interfaces, according to the company, serve as foundational hardware, allowing fully secure quantum communication; a quantum internet; and a scalable, photon-based quantum computer. Sparrow Quantum will use the seed investment to accelerate the development of its products and services, as well as to expand its team. Sparrow Quantum’s first product is an...