Matterwave Ventures

As we approach the holidays, we would like to reflect on the year’s highlights and express gratitude to the people that supported us and who we had the pleasure of working with. Despite the general uncertainty and sluggish economic growth that marked 2024, we stood by our mission and strong conviction in Europe's technological prowess. 6 companies embodying this joined the Matterwave Ventures portfolio - Ask for the moon, Firecell, ecoLocked, ZeroPoint Technologies, Ventory, and Akhetonics. We are equally proud of the strong development of our overall portfolio, which showed resilience and raised >€180m in follow-on funding. Their achievements throughout the year underscore the strength of our investment strategy and give us confidence to continue backing the future of European industry in 2025 and beyond. We want to express our gratitude for the continued support of our limited partners, portfolio entrepreneurs, and ecosystem partners throughout the year - your trust and support have been instrumental to our shared success. 💙 The whole Matterwave team wishes you wonderful holidays with your loved ones and a new year filled with success and prosperity! 🎄🥂❄️ Matterwave Ventures Ute Theel Barbara Christen Robert Gallenberger Ines Kolmsee Carlotta Ficorella Victor Szabo Bruno Bernard Benedikt Kronberger Lorenzo De Angeli Christian Reitberger Eduardo Martinez Mariño Julian Riebartsch Silviu Apostu Simon Wurth Adrian Stoica

We recently had the honor of attending the EIC ePitching session on Food and Agritech, a platform dedicated to connecting innovators with investors for a sustainable future in food and agriculture technology. At Matterwave Ventures, we are increasingly excited about the ambitious innovations increasing sustainability and efficiency in these critical sectors. This event provided us with a valuable opportunity to explore groundbreaking technologies and solutions aimed at revolutionizing the food supply chain, reducing waste, and enhancing agricultural practices. Engaging with entrepreneurs and fellow investors who are at the forefront of sustainable food production was both inspiring and insightful. Also, as our colleague Ute Theel remarked, "the different regional backgrounds of both the companies and the jury members is proof of a truly European ambition to support the European VC ecosystem and the future of founders in agritech and food.” For a recap of the event, read the article linked in the comments. 👇 #FoodTech #AgriTech #SustainableInnovation #EuropeanIndustry

The Future of Computing Conference which took place earlier this week was an incredible afternoon of inspiration and showcasing cutting-edge computing. From the inspiring keynotes to the energetic pitches and the panel discussion, the event showcased the vibrant ecosystem of computing innovation being developed in Europe and reaffirmed our belief in the potential of European deep tech startups to become global leaders. The future is bright and it's catalyzed by exciting developments across the board - electronics, photonics, and quantum.⚡ ⚛️ We are proud that we could sponsor and participate in the conference and already look forward to the next edition! A big thank you to the organizers Benjamin Wolba Tobias Wölfel Christopher Trummer David Reichmuth, PhD Oliver Hasse TUM Venture Labs Future of Computing INAM - Innovation Network for Advanced Materials and our co-sponsors for bringing together such an impressive group of innovators and thought leaders! And a special shout-out to our portfolio companies Innatera and Akhetonics who pitched on stage and our colleague Silviu Apostu for participating in the AMA session. #FutureOfComputing #DeepTech #Innovation

We are proud that Matterwave Ventures is one of the sponsors of the Future of Computing Conference 2024! We will join a great group of entrepreneurs, investors, and experts on December 11 in Munich to see and talk about the cutting-edge innovations in #Semiconductors, #PhotonicsComputing, #QuantumComputing Here's what we're looking forward to: 🚀30 Startup Pitches: Experience disruptive innovations from trailblazing startups reshaping the future of computing - including from some of our own portfolio companies Innatera Akhetonics 🎤 Keynote Presentations from Keith Witek (Tenstorrent) and Anastasiia Nosova (Anastasi in Tech) 💡An insightful panel discussions with our colleague Silviu Apostu alongside other VCs and industry experts sharing perspectives on tackling the industry’s most critical challenges TUM Venture Labs Future of Computing Tobias Wölfel Christopher Trummer David Reichmuth, PhD Benjamin Wolba Oliver Hasse Christian Reitberger Silviu Apostu Lorenzo De Angeli Robert Gallenberger Ines Kolmsee Victor Szabo Carlotta Ficorella Eduardo Martinez Mariño Event sponsored by Matterwave Ventures Lunar Ventures, Runa Capital, UVC Partners Tensor Ventures Infineon Technologies Munich Quantum Valley Aloniq

Today is a special day for Matterwave Ventures´ Portfolio Company Equal1 - the company announced unmatched spin qubit performance close to the error correction threshold, measured at 700mK.   They were able to obtain single-qubit gate fidelities of 99.4% and two-qubit gate fidelities of 98.4% on a scaleble 6-qubit array fabricated using a SiGe CMOS-compatible process. This is a leap forward for the industry and for spin qubits in particular. Congratulations, Jason Lynch and team!   This result adds to a long track record of achievements - for example the recent integration of Arm Cortex processors at cryogenic temperatures - which are accelerating the path to scalable quantum system, by leveraging established #silicon #semiconductor industry infrastructure. For more details: https://lnkd.in/eg5n6VEj #futureofcomputing #quantumcomputing #spinqubits #semiconductors #silicon #deeptech #climatetech Christian Reitberger Ines Kolmsee Benedikt Kronberger Robert Gallenberger Silviu Apostu Lorenzo De Angeli Victor Szabo Carlotta Ficorella Eduardo Martinez Mariño Ute Theel Barbara Christen Adrian Stoica Bruno Bernard Julian Riebartsch Jason Lynch Brendan Barry Declan O'Mahoney Dirk Leipold Nodar Samkharadze Elena Blokhina Graeme N. Walker Patrick McNally Mike Asker Atlantic Bridge Enterprise Ireland European Innovation Council and SMEs Executive Agency (EISMEA)

The German business magazine Handelsblatt wrote an article about Akhetonics and their recent funding round which we led. It’s a great summary of why optical computing is more important than ever (spoiler: European sovereignty) and what the company has in store. Read more below (German only) 👇

Thank you Startup Insider and Jan Thomas for featuring Matterwave Ventures and giving our founding partner Robert Gallenberger the chance to talk about our activity and perspectives for the future of European industry. #ClimateTech #DeepTech #IndustrialTech

We are excited to announce our investment in Akhetonics, the pioneer of the world's first all-optical digital processor. ⚡ Matterwave Ventures led the €6m funding round and was joined by 468 Capital, Bayern Kapital and existing investors Runa Capital Rheingau Founders Interface Capital Constructor Capital and top business angels. Akhetonics’ groundbreaking technology marks a paradigm shift in computing. By processing and storing information purely with photons instead of electrons, it offers unprecedented processing speed and significantly reduced energy consumption compared to traditional electronic processors. A key advantage is their fully European supply chain, from fabrication to packaging. This positions Akhetonics as a crucial player in strengthening European technological sovereignty in high-performance computing. 🇪🇺 We are excited to partner with Michael Kissner Leonardo Del Bino and the exceptional Akhetonics team as they work towards bringing the first full-scale all-optical processor to the market. Read more in the TechCrunch article and our blog post (links in comments)👇 #opticalcomputing #photonics #deeptech Silviu Apostu Christian Reitberger Ines Kolmsee Robert Gallenberger Benedikt Kronberger Lorenzo De Angeli Victor Szabo Eduardo Martinez Mariño Carlotta Ficorella Ute Theel Bruno Bernard Julian Riebartsch Adrian Stoica Barbara Christen

Milestone after milestone, Equal1 is bringing the first scalable, on premise #quantumcomputer to the market. This time the breakthrough is with Arm, another step in building a European quantum computing supply chain. By standing on the shoulders of the #semiconductor industry. At Matterwave Ventures, we are honoured, humbled and proud to support such a great team! #futureofcomputing #quantumcomputing #spinqubits #semiconductors #silicon #deeptech #climatetech Christian Reitberger Ines Kolmsee Benedikt Kronberger Robert Gallenberger Silviu Apostu Lorenzo De Angeli Victor Szabo Carlotta Ficorella Eduardo Martinez Mariño Ute Theel Barbara Christen Adrian Stoica Bruno Bernard Julian Riebartsch Jason Lynch Brendan Barry Dirk Leipold Declan O'Mahoney Nodar Samkharadze Elena Blokhina Graeme N. Walker @Patrick McNally Mike Asker

❄️We're getting ready for #SLUSH ❄️ Next week we will be in Helsinki 🇫🇮 for the biggest gathering of Europe's tech ecosystem - Slush Matterwave Ventures is proud to co-host an Executive Breakfast on Day 1 together with Combient Foundry, Kvanted, NGP Capital, PwC and SEB. We're looking forward to a dynamic morning packed with insightful discussions on #industrialtech and innovation. Want to meet up in Helsinki? Reach out on the Slush platform to Robert Gallenberger, Silviu Apostu, or Victor Szabo who will be on the ground.