University of Maryland’s Quantum Startup Foundry has been established with a $25m investment to support the development of quantum technologies.

University of Maryland (UMD) has launched a business development arm that will seek to launch and grow quantum technology companies.
The Quantum Startup Foundry was set up through an initial $25m investment from the university’s Discovery Fund and is also backed by a $10m capital commitment for facilities.
The foundry will aim to support quantum technology breakthroughs and, apart from launching new businesses, will also seek to connect companies with mentors, existing firms and infrastructure.
The foundry…

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Thierry Heles

Thierry Heles is the editor of Global University Venturing, host of the Beyond the Breakthrough interview podcast and responsible for the monthly GUV Gazette (sign up here for free).
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