The U.S. region plummets by 80%, and global venture capital investment in quantum startups will drop by 50% in 2023

According to news from this site on January 31, the latest research report pointed out that the amount of venture capital investment in global quantum startups in 2023 will be US$1.24 billion, compared with US$2.39 billion in 2022, a decrease of about 50%.

Quantum startups in the United States will receive $1.369 billion in venture capital investment in 2022, but this will drop significantly to $2.4 in 2023 billion, a drop of more than 82%.

The report was jointly published by IQM Quantum Computers, OpenOcean Ventures and Lakestar Technology Investors. The report points out that the reason for the decline in investment is not a decrease in interest in quantum technology, but an overall decline in technology investment.

More than 30 national and regional governments around the world have pledged to provide more than US$40 billion in public funds for quantum technology in the next 10 years. More than 20 of these governments have developed coordinated policies, funding and roadmaps and are actively involved in promoting the development of quantum technologies.

Research results show that although investment has decreased, commercial applications in the quantum era continue to develop. More than 300 end users are already exploring and preparing for quantum computing, including industries such as healthcare, financial services and materials science.

With quantum advantage likely still years away, leading companies are preparing for commercial quantum computing.

IQM Quantum Computers CEO and co-founder Dr. Jan Goetz said:

2023 is a year of steady technology advancement, with companies successfully launching and following quantum roadmaps , the number of qubits and the initial error correction also increase. We are also seeing real systems being deployed in national laboratories, moving steadily into real-world applications as they continue to comprehensively solve commercial problems.

However, predictability in terms of algorithms is still low. While scaling processors is largely an engineering challenge, estimating timelines for software improvements relies more on hardware advancements.

Nonetheless, in 2023 we are observing more contributions from non-quantum experts such as systems engineers, who bring valuable real-world experience and bring us closer to solving the talent bottleneck.

The original address of the report is attached to this website. Interested users can read it in depth.

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