Updated: July 22, 2026
Ground State Ventures Fund logo
Venture Capital Firm
Deeptech
Semiconductors

Ground State Ventures Fund

The Netherlands

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Profile views (30d)

11

Funding raised

€75.2M

About the program

Investment stage
Investment focus areas
Description

Amsterdam-based Ground State Ventures (formerly QDNL Participations) closed at $88M (€75.2M), oversubscribing its $70M target by 26%. Led by Ton van 't Noordende with quantum hardware veteran Chad Rigetti as Partner. First-cheque investor for quantum-tech startups with 15 portfolio companies at combined $1.3B valuation.

Location

Numbers

Total Funding Raised by Alumni
€75.2M