Q2B 2023 Paris | Investing in Quantum Computing | Panel

The conversation between venture capital firms focused on the current state of investment in Quantum Technologies. They noted the difficulty in finding investors due to market conditions, but also highlighted the significant amount of money invested in Quantum Technologies in 2021 and 2022. The potential impact of AI on Quantum Technologies was discussed, with some seeing it as a short-term distraction but potentially beneficial in the long term. Specialized funds are fully committed to investing in Quantum Technologies, while larger investors are also showing interest. Investors in deep tech need to take a long-term approach to see returns, and startups need to manage their valuation journey and avoid getting stuck in the research cycle. As companies move to later stages in the funding cycle, priorities and valuation methods change, and it's important to maintain an equity story. The challenges of attracting follow-on investors with deep pockets were discussed, as well as the consequences of companies not being ready for public trading and the difficulties of maintaining a strong valuation. The panelists also discussed the potential for quantum applications in healthcare and agriculture, as well as the emerging opportunities in the technology industry, particularly in North America, Europe, and APAC countries. The need for connectivity and interconnect technologies, as well as the growing importance of quantum technologies in data protection, was emphasized. The author predicts that future startup leaders will come from a variety of industries, including deep tech, life sciences, and quantum education. Initiatives with startup studios and accelerators launching worldwide were also mentioned. The panel addressed the challenges of cross-border investing, including legal and regulatory issues, and advised startups to become data-driven and involve board members with diverse backgrounds. They also discussed the need for adaptation in investing in different countries, with different ownership targets and governance structures. Finally, they suggested that Quantum may be facing a "fall" rather than a "winter" in terms of the global economy, and advised startups to be prepared for potential challenges.

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