55 North

Based in Copenhagen, Denmark, 55 North is a venture capital firm that invests exclusively in quantum computing, sensing, and communication technologies across all startup stages. The firm operates a dedicated investment vehicle targeting a €300 million Fund I, which recently reached a first close of €134 million. The organization provides capital to global startups developing quantum hardware and software while facilitating commercialization through partnerships with research institutions and industry laboratories. 55 North has deployed capital into notable portfolio companies, participating in a €275 million Series B round for IQM Quantum Computers and co-leading a €13 million Series A-2 round for Kiutra. The firm's operations and funding rounds are supported by institutional investors and strategic partners including Novo Holdings, EIFO, and Vsquared Ventures. 55 North was founded in 2025 by Owen Lozman, Helmut Katzgraber, and Kai Hudek.