About
55 North is a venture capital firm dedicated to quantum technology, targeting investments across quantum computing, sensing, and communications. It is positioned as the world's largest dedicated quantum technology fund. The team is led by Managing Partner Dr. Owen Lozman, previously of M Ventures, with General Partners Dr. Helmut Katzgraber, previously of Amazon and Microsoft, and Dr. Kai Hudek, previously of IonQ, supported by European VC Vsquared Ventures and US-based Cambium Capital. In October 2024, 55 North announced the first close of its EUR 300 million inaugural fund, having raised EUR 134 million with backing from anchor investors Novo Holdings and EIFO, the Export and Investment Fund of Denmark. The firm takes a stage-agnostic approach, backing enabling technologies and full-stack solutions, with 75% of its capital supporting European companies, including 25% targeting Nordic firms, and 25% pursuing select worldwide opportunities. Initial investments include IQM's EUR 275 million Series B and co-leading Kiutra's EUR 13 million Series A-2, work that advances Denmark's National Strategy for Quantum Technology established in 2023. In 2025, 55 North continued active investment in quantum technology companies, with portfolio companies making progress in technology development and commercialization, and the firm focused on supporting quantum startups through funding and strategic guidance.
Quantum Specifications
| Quantum Focus | hardware |