Andreas Riegler’s Post

🎉 Huge congratulations to our portfolio company planqc and its talented team on securing €50 million in financing! This remarkable achievement is a testament to the incredible potential of their quantum computing approach and a well-deserved recognition of their hard work and innovation. 🚀 planqc's journey exemplifies the transformative potential of deep tech and a sign of what’s possible when pioneering research meets entrepreneurial ambition: Only founded in 2022 (!) planqc dispels many common misconceptions about deep tech ventures: Preconception: Deep tech investments take a long time to yield results. Reality: Planqc has shattered this notion by securing significant contracts worth over €50 million within just 18 months of operation. Their rapid progress demonstrates the potential for swift and impactful outcomes in deep tech. Preconception: Fundamental research rarely translates quickly into commercial success. Reality: Leveraging decades of pioneering research from the Max Planck Institute, planqc has quickly transformed groundbreaking science into entrepreneurial success, delivering cutting-edge 'Made in Europe' quantum computing technology. "Neutral atoms are currently on the fast track to achieving fault-tolerant quantum computing,” adds Hermann Hauser, representing the Amadeus APEX Technology fund, one of planqc's seed investors. “I am deeply impressed by planqc's rapid progress in this area. Securing over 50 million euros in contracts within 18 months and achieving Europe’s first 1200-atomic qubit array are remarkable milestones for planqc and Europe's tech sovereignty. I eagerly anticipate our continued collaboration in this pioneering field." Alexander Glätzle, Sebastian Blatt, Johannes Zeiher, Verena Zimmermann, CFA, Lukas Reichsoellner Ann-Kristin Achleitner, Markus Wagner, Benjamin Erhart, Hermann Hauser, Emily Meads, Rick (Jingchun) Hao, Wolfgang Neubert, Amanda Birkenholz, Thomas Lange 🎗️ Munich Quantum Valley, Max Planck Institute of Quantum Optics, We are thrilled to welcome new investors CATRON Holding, DTCF | DeepTech & Climate Fonds, and Bayern Kapital joining UVC Partners, Speedinvest and APEX Ventures to this exciting journey. The future looks incredibly bright, and we can't wait to see what's next for this ambitious team!

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Alexander Glätzle

CEO & Co-Founder planqc | Capital Top 40 under 40 | German Startup Award 2023

2w

Lieber Wolfgang und Andreas, herzlichen Dank für eure super Unterstützung in den letzten zwei Jahren. Was für eine spannende Reise mit euch gemeinsam 🚀

Mia Munck Bruns

TECH business advisory and FDI between DACH and Denmark

2w

Congrats to you and everyone from APEX Ventures and planqc, Andreas Riegler! This is amazing news. Excited for this and what's to come from here! 👏🏼

CHRIS KOSCHMIEDER

AI Aficionado - Interim & Program Manager - Solution & Value Provider - Start-up, scale-up & restructuring - Hands-on mentality

2w

Inspiring! Not so easy to reach such an early stage commitment, in particular in the current capital market / VC cycle. Respect!

Markus Haider

I help companies build exciting software and technology products

2w

Gratuliere!

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