Quantum Wave Fund

Quantum Wave Fund is a venture capital firm founded in 2012 and based in Menlo Park, California, with an additional office in Boston, Massachusetts. The fund specializes in early-stage investments in private companies that are developing breakthrough quantum technologies, focusing on sectors such as drones, robotics, sensors, and the Internet of Things. Its investment strategy encompasses a wide range of fields, including financial technology, material sciences, security systems, and quantum information processing. The firm seeks to support advancements in quantum materials, nanotechnology, and bio-photonics, targeting applications in automotive, aerospace, healthcare, and telecommunications. Quantum Wave Fund typically invests between $1 million and $10 million and prefers to take a board seat in its portfolio companies. It operates under the management of Phystech Ventures and aims to invest in both the United States and Europe.

Petr Lukyanov

Co-Founder and Managing Partner

2 past transactions

Coda Devices

Seed Round in 2016
CODA Devices provide fast, accurate, proven drug identification technology to local, state, and federal Law Enforcement, Legal systems, and crime labs to manage arrests, improve investigations while mitigating the risk of false arrests and early suspect releases. Currently, systems are deployed across five continents and in 45 US states and territories, including a major federal agency that is now using CODA Devices’ drug analysis system to aid in prescription pill abuse operations. Based on proven Raman spectroscopy technology CODA Devices’ system identifies pills (including scraped / unmarked / crushed), or unknown illicit substances in seconds, without destroying evidence. With a library of almost 4,000 narcotics, precursors, synthetic drugs, and prescription pills, CODA Devices can identify the vast majority of illicit substances, cutting agents, and precursors found on the street. In addition, the identification of the strength of cutting agents and precursors helps give valuable real time intelligence to narcotic investigations. No other technology can provide these advantages.

ID Quantique

Venture Round in 2013
ID Quantique SA specializes in developing and commercializing quantum-safe network encryption solutions designed to protect data in transit. Its offerings include the Cerberis solution, which secures point-to-point backbone and storage networks, and the Centauris solution, which integrates into existing network infrastructures for point-to-point and multi-point encryption. The company also provides scientific instrumentation products such as single photon counters, short-pulse laser sources, and the Clavis2 quantum key distribution platform for various applications. Additionally, ID Quantique produces random number generators, including the Quantis model, which finds usage in cryptography, gaming, and secure printing. With a focus on sectors like finance, government, and defense, ID Quantique's products are utilized to safeguard data networks including Ethernet, fiber channel, and SONET/SDH, both in Switzerland and internationally. Founded in 2001 and headquartered in Geneva, ID Quantique is recognized as a leader in high-performance network encryption based on both conventional and quantum technologies.
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