Sparrow Quantum Raises €27.5M ($32M USD) to Scale Deterministic Photonic Chip Production - Quantum Computing Report
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Sparrow Quantum Raises €27.5M ($32M USD) to Scale Deterministic Photonic Chip Production Sparrow Quantum, a Danish company specializing in photonic quantum chips, has completed its Series A funding round, raising a total of €27.5 million ($32 million USD). The investment, which is the largest of its kind in the Nordics within quantum technology, was backed by North Ventures, Scale Capital, Jacob Jakobsen Gruppen ApS, and LIFTT EuroInvest (an investment vehicle created by the European Investment Bank (EIB) and LIFTT). The company, a spin-out from the Niels Bohr Institute, develops the Sparrow Core, a photonic chip capable of generating deterministic single photons. This technology is a key component in photonic quantum systems, which operate at room temperature, are highly noise-resistant, and are designed for scalable integration into microchips. This approach brings quantum technology closer to commercial application as an alternative to platforms requiring complex cryogenic cooling. The capital will be used to accelerate global expansion, scale up production, and advance the next generation of quantum chips.
The Sparrow Core is already in use by several technology companies in Europe, demonstrating its readiness for industrial application. Peter Lodahl, Founder and Chief Quantum Officer, emphasized that the focus is now on scaling and making the technology widely available. The investment is intended to strengthen Denmark’s and Europe’s position in the global quantum race, capitalizing on the scientific momentum of the Niels Bohr Institute to accelerate the development of future quantum computers and secure communication networks. Read the full announcement here.