Startup Capital is a direct grant for emerging technological start-ups that require financing to set the initial phases of the business, to develop their product or service or to validate the business model for accessing the market.
LUXQUANTA’S OBJECTIVE
This direct grant is designed to finance some of the measures to implement our business plan and it will impact several aspects of it from the administration and management of the company’s operations to the development and marketing of its products and services.
GENERALITAT DE CATALUNYA WITH THE START-UPS
Start-ups have been consolidated as an element over the last few years key to the innovation ecosystem and have become key pieces for the generation and transfer of technology agile form. The Catalan entrepreneurial ecosystem, made up of more than 1,700 start-ups, has one great maturity and today, Catalonia is already the first hub of start-ups in southern Europe. In order to continue promoting these initiatives, growth in the initial stages is encouraged through this line of technology start-ups (with own technology) through the subsidy of those actions contained in the business plan and which are necessary for its development.
At the newly opened AWS Innovation Hub in Singapore, LuxQuanta and evolutionQ are showcasing a live demonstration of a working quantum-safe network in a financial institution use case, protecting its data center with an AWS Direct Connect facility.
Funding round led by Big Sur Ventures, A&G as the largest investor, and with GMV, Wayra, and the EIC Fund alongside existing investors Corning and GTD, this round will accelerate the mass deployment of award-winning CV-QKD technology.
LuxQuanta is exhibiting its commercially available CV-QKD system, NOVA LQ®, at the DG CONNECT Quantum Technologies Exhibition. The showcase opened the day after the European Commission announced the Quantum Europe Strategy, marking a checkpoint in Europe’s progress toward quantum sovereignty.
