Cherry Ventures, UVC Partners, and imec.xpand led a €62m Series A round in Q.ANT.

Cherry Ventures, an early-stage venture firm, UVC Partners, an early-stage venture capital firm, and imec.xpand, a venture capital fund, led a €62m Series A round in Q.ANT, a company developing photonic processing solutions, with participation from L-Bank, Verve Ventures, Grazia Equity, Venionaire Capital, LEA Partners, Onsight Ventures, and TRUMPF. “Q.ANT was founded with a bold vision: to redefine the way the world computes by using light instead of electricity. This investment proves that Europe has both the ambition and the capital to lead – and gives us the strong partners we need to pursue our mission and help shape the future of computing,” Michael Förtsch, Q.ANT Founder and CEO.