Quantum Technologies (Jolt Capital)

Summary

• Using the Jolt.Ninja AI-powered search and classification methodology, 922 companies were identified within the Quantum Perimeter.p.5
• Over the last 10 years, more than €7,2b has been invested in Quantum companies across approximately + 1,200 equity deals.p.13
• Quantum computing and Quantum Communication Tech Stack represent the highest deal volume, with 108 VC and Growth deals in 2023.p.14
• The Hidden Universe of non-VC/PE backed quantum companies represents a stock of more than 404 companies.p.15
• There are roughly +4,200 active patents filed by Quantum companies globally.p.17
• In addition to major research centers, 83 other universities or research centers involved in quantum technologies were identified across NORAM and Europe.p.22

Key insights

1. Investment opportunities in Quantum companies are increasingly global, with Europe and Asia capturing 50% of investments in 2023.p.13
2. Quantum computing companies capture over 65% of capital for 40% of transactions, leaving key investment opportunities in other quantum domains.p.14
3. 44% of identified quantum companies have not yet received funding from a VC/PE investor.p.15
4. European quantum companies generate 38% of active patents while representing 34% of deal volume.p.17
5. High fragmentation of active IP within small companies offers consolidation opportunities through early-stage investments.p.19
6. The strongest intellectual property within the hidden universe is concentrated in Quantum Sensing and Tech Stack.p.20
7. Jolt.Ninja identified 83 secondary research centers and universities working on quantum technologies alongside major research hubs in NORAM and Europe.p.22