// COMPANY
QDNL Participations
// OVERVIEW
QDNL Participations (now rebranded as Ground State Ventures) is a Dutch venture capital firm founded in 2022 that exclusively invests in early-stage quantum technology startups, focusing on quantum computing, sensing, communications, and infrastructure. Originally backed by Quantum Delta NL with a €15 million fund, it has since expanded internationally and closed an $88 million fund, supporting approximately 30 companies across the US, Europe, and beyond.
// RECENT MENTIONS
// SIGNALS
4 SIGNALS
01
funding·Dan Primack·APRIL 28, 2026
“QDNL Participations, a Dutch VC firm focused on early-stage quantum startups, rebranded to Ground State Ventures and raised $88m for a new fund.”
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