55 North

55 North is a Copenhagen-based venture capital firm exclusively focused on quantum technologies, positioning itself as the world's largest dedicated pure-play quantum VC. The firm's inaugural Fund I targets €300 million, with a first close of €134 million announced in October 2025, anchored by EIFO (the Export and Investment Fund of Denmark) and Novo Holdings, with additional backing from Vsquared Ventures and Cambium Capital. The fund's investment strategy targets the entire quantum value chain — computing, sensing, and communication — with approximately 75% of capital supporting European companies and one-quarter specifically targeting Nordic firms. 55 North invests stage-agnostically across the globe, from pre-seed through growth, with portfolio check sizes ranging from ~$1.2M (pre-seed) to participation in rounds exceeding €275M. The fund was co-founded by Managing Partner Dr. Owen Lozman (formerly of M Ventures), alongside General Partners Dr. Helmut Katzgraber (ex-Amazon, Microsoft) and Dr. Kai Hudek (ex-IonQ). Founders building across the quantum stack — including hardware, enabling technologies, software, and algorithms — should reach out via info@55n.vc.