Boulder-based ColdQuanta raises $6.75M in seed round
BOULDER — ColdQuanta Inc., a Boulder-based firm that is developing products based on quantum technology, has raised a seed-funding round of $6.75 million led by Maverick Ventures in San Francisco, with participation from Global Frontier Investments LLC in Sausalito, Calif.
The funding will be used to help commercialize ColdQuanta’s products in the areas of communications, computing, timekeeping and navigation.
Since its founding in 2007, ColdQuanta has been internally financed through contract and product revenue. The company was a spinoff from the JILA Institute and Physics Department at the University of Colorado Boulder, based on research by…
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