Waseda University Ventures invests JPY 200 million in Nanofiber Quantum Technologies, a pioneering Japanese quantum computing start-up, marking the launch of the WUV 1st Fund.
Target Information
Waseda University Ventures (WUV) is pleased to announce its inaugural investment of JPY 200 million in Nanofiber Quantum Technologies, Inc. (NanoQT), a pioneering start-up specializing in quantum computing. Founded in Tokyo's Shinjuku-ku and led by CEO Masashi Hirose, NanoQT represents a significant leap forward in quantum technology as Japan's first gated quantum computer hardware start-up.
NanoQT is built on innovative technology rooted in the Nanofiber-based Cavity Quantum Electrodynamics (QED) system, which was developed in Japan. The company’s goal is to create a universal quantum computer that offers substantial scalability advantages over traditional methods. NanoQT's developments also facilitate the seamless integration of quantum computers into quantum communication channels, paving the way for the establishment of quantum networks.
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Industry Overview in Japan
The quantum computing industry in Japan is positioned at the forefront of technological advancement, driven by both governmental support and increasing investment from the private sector. Japanese companies and research i
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WASEDA University Ventures
invested in
Nanofiber Quantum Technologies, Inc.
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $1M