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Europe urged to boost quantum investment amid funding gap

News Snapshot:

THE European Union is expected to release a draft Quantum Act in the second quarter as part of efforts to strengthen its position in emerging technologies, but concerns remain over limited private sector funding. Data from the European Commission show that only 5 percent of private capital is allocated to quantum computing companies in Europe, compared with 50 percent in the United States, highlighting a significant investment gap.Recent activity suggests growing interest among investors. Paris-based Quantonation recently launched a €220 million fund focused on quantum computing, while Danish firm 55North introduced a €300 million fund for quantum startups. At the…

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