11-05-2020

Our Investment in ColdQuanta

by Ryan McIntyre

We are excited to announce our Series A investment in ColdQuanta, alongside Maverick Ventures, Global Frontier Investments, and LCP Quantum Partners. ColdQuanta, based in our own backyard here in Boulder, Colorado, is the market leader in commercializing quantum atomics. Their Quantum Core™ technology is based on ultra-cold atoms:  lasers cool atoms to nearly absolute zero, and manipulate and control them with a high level of precision. This core technology has broad applications in quantum computing and beyond. 

ColdQuanta manufactures components, instruments, and turnkey systems that address a broad spectrum of applications: quantum computing, quantum timekeeping, quantum signal processing, and quantum communications. 

The company’s origins come from decades of research in ultra-cold atomic physics by founder and CTO Dana Anderson, and his work at JILA, formerly known as the Joint Institute for Laboratory Astrophysics. He is joined by CEO and President, Bo Ewald, and Paul Schroeter, COO, who leads ColdQuanta’s R&D, operations, and engineering teams.

ColdQuanta is one of the few companies in the world who can claim to have their hardware survive the rigors of launch and be operational aboard the International Space Station, and has recently announced the availability of Albert, a system enabling researchers to create, manipulate, and measure quantum matter via the cloud. 

ColdQuanta’s years of experience developing and deploying real-world cold-atom quantum devices, Bo’s deep background in supercomputing and quantum computing, and Dana’s world-class scientific achievements led us to want to be part of the ColdQuanta mission to power the coming quantum information age.