Accelerating the Quantum Information Age

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We're Ground State Ventures. We discover high-potential quantum technology startups across the world and support them from the very beginning.

The quantum technology revolution is just getting started. We identify the teams shaping this future and give them the funds and support they need to build world-changing businesses.

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OUR PORTFOLIO

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Across quantum computing, sensing, communications and infrastructure, we invest in the best teams working at the cutting edge of what's possible to build the next generation of era-defining technology businesses.

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Stay updated on our investments and follow the growth of the global quantum technology industry.

Our Team

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GSV in the Media

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  • Sifted05.05.2026

    Intel backs quantum startup Quantware in $178m Series B to kick-start production at ‘industrial scale’

    The Dutch startup plans to open an industrial-scale facility this year to boost the production of quantum processors

  • Tech Funding News28.04.2026

    Ground State Ventures raises $88M fund to back early-stage quantum startups

    Ground State Ventures, previously known as QDNL Participations, has raised an $88 million fund, 26% above its original $70 million target.

  • Fortune14.04.2026

    Chad Rigetti’s Sygaldry raises $139 million to bring quantum hardware to AI data centers

    Sygaldry has raised a total of $139 million, including a $105 million Series A that closed in March. Ground State Ventures backed them from the start.

  • Tech.eu18.03.2026

    Rhonexum secures $1M to scale cryogenic electronics for quantum computing

    Swiss startup Rhonexum has raised $1 million in pre-seed funding, led by QDNL Participations. The startup develops electronics capable of operating at cryogenic temperatures, conditions required for quantum computing, where conventional electronics cannot function reliably.

  • Tech Funding News04.02.2026

    QT Sense lands €4M to track living cells in real time

    Quantum sensing life sciences startup QT Sense has secured €4 million in funding, including follow-on backing from existing investor QDNL Participations.

  • The Quantum Insider12.01.2026

    Diffraqtion Raises $4.2 Million to Build Quantum Camera-Enabled Satellite and Telescope Constellations

    Diffraqtion, an MIT and University of Maryland spinout developing satellite constellations powered by a novel quantum camera, today announced the close of a $4.2 million pre-seed funding round, led by QDNL Participations.

News & Features

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  • QuantWare raises $178 million Series B round

    QuantWare raises $178 million Series B round

    We’re backing our portfolio company again in this record raise

    05.05.2026

  • We’ve changed our name: QDNL Participations is now Ground State Ventures

    We’ve changed our name: QDNL Participations is now Ground State Ventures

    The rebrand comes as our fund hits $88 million, well exceeding its target

    28.04.2026

  • We’re backing Chad Rigetti’s quantum-accelerated AI servers

    We’re backing Chad Rigetti’s quantum-accelerated AI servers

    Today we can announce that we’re investing in our partner Chad Rigetti’s new company, Sygaldry. We have supported them from the very start, across Seed and Series A.

    14.04.2026

  • We’re backing cryogenic tech to scale quantum computing

    We’re backing cryogenic tech to scale quantum computing

    Rhonexum uses cryogenic technology to remove a major scalability bottleneck in quantum computin

    18.03.2026

  • QT Sense is ready to go to market with a €4m Seed round

    QT Sense is ready to go to market with a €4m Seed round

    Ground State Ventures returns to invest after backing the commercial quantum sensing leader from the start

    04.02.2026

  • A breakthrough quantum camera for space

    A breakthrough quantum camera for space

    We have led Diffraqtion's pre-seed round

    13.01.2026

  • A breakthrough for semiconductors and batteries

    A breakthrough for semiconductors and batteries

    EuQlid comes out of stealth as we lead its $3 million round

    04.11.2025

  • Out of stealth: Meet our latest investment

    Out of stealth: Meet our latest investment

    Quantum Elements makes it easier to build quantum solutions

    22.10.2025

  • We're backing a 'Father of Siri' to fuse quantum tech and AI

    We're backing a 'Father of Siri' to fuse quantum tech and AI

    Meet SiC Systems, our first US investment announcement

    14.10.2025

  • Bringing quantum to life for our LPs

    Bringing quantum to life for our LPs

    …at our first LP and portfolio day

    08.10.2025

  • Orange Quantum Systems raises €12 million seed round

    Orange Quantum Systems raises €12 million seed round

    While QuantWare extends its Series A

    12.08.2025

  • We’re growing our team again

    We’re growing our team again

    Nicola Weiroster joins as an Associate on the investment team

    12.08.2025

  • QuantWare’s €20 million Series A will push quantum processors forward

    QuantWare’s €20 million Series A will push quantum processors forward

    Having backed them from the start, we’ve also joined this round

    06.03.2025

  • Understanding diseases with quantum sensing

    Understanding diseases with quantum sensing

    QT Sense raises €6 million

    25.02.2025

The window to define the infrastructure of the future is open now. If you are ready to build, we are ready to back you immediately

Let’s build Something
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