Kellerhals Carrard with ZuriQ AG on its CHF 20.6 million seed financing round
𝗧𝗵𝗲 𝗿𝗮𝗰𝗲 𝘁𝗼 𝗯𝘂𝗶𝗹𝗱 𝗮 𝘂𝘀𝗲𝗳𝘂𝗹 𝗾𝘂𝗮𝗻𝘁𝘂𝗺 𝗰𝗼𝗺𝗽𝘂𝘁𝗲𝗿 𝗰𝗼𝗺𝗲𝘀 𝗱𝗼𝘄𝗻 𝘁𝗼 𝗼𝗻𝗲 𝘀𝘁𝘂𝗯𝗯𝗼𝗿𝗻 𝗽𝗿𝗼𝗯𝗹𝗲𝗺: 𝘀𝗰𝗮𝗹𝗲. 𝗭𝘂𝗿𝗶𝗤 𝗔𝗚 𝗶𝘀 𝘀𝗼𝗹𝘃𝗶𝗻𝗴 𝗶𝘁.
Spun out of ETH Zürich, ZuriQ builds the core technology inside a quantum computer. Until now, the tiny building blocks that do the work could only be lined up in a single row — and the more you added, the more they got in each other's way. ZuriQ figured out how to spread them out across a chip in two directions instead, like moving from a single lane to an open field. That simple-sounding shift is what finally makes much larger, genuinely useful quantum computers possible and it puts Switzerland at the front of the race.
That vision just drew serious conviction. ZuriQ has raised 𝗖𝗛𝗙 20.6 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗶𝘁𝘀 𝘀𝗲𝗲𝗱 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗿𝗼𝘂𝗻𝗱, led by Quantonation, with participation from FORWARD.one, Extantia, and Firgun Ventures, alongside all existing investors: Founderful, SquareOne Venture Capital, Onsight Ventures, Speen Holding and FMV Fund. The round gives ZuriQ the runway to scale its technology and its team.
"𝘍𝘳𝘰𝘮 𝘵𝘩𝘦 𝘧𝘪𝘳𝘴𝘵 𝘵𝘦𝘳𝘮 𝘴𝘩𝘦𝘦𝘵 𝘵𝘰 𝘵𝘩𝘦 𝘧𝘪𝘯𝘢𝘭 𝘤𝘭𝘰𝘴𝘪𝘯𝘨 𝘥𝘰𝘤𝘶𝘮𝘦𝘯𝘵𝘴, 𝘵𝘩𝘦 𝘒𝘊 𝘵𝘦𝘢𝘮 𝘸𝘢𝘴 𝘢𝘯 𝘪𝘯𝘥𝘪𝘴𝘱𝘦𝘯𝘴𝘢𝘣𝘭𝘦 𝘱𝘢𝘳𝘵𝘯𝘦𝘳 𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘰𝘶𝘵 𝘰𝘶𝘳 𝘴𝘦𝘦𝘥 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘯𝘨. 𝘛𝘩𝘦𝘪𝘳 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘢𝘥𝘷𝘪𝘤𝘦, 𝘵𝘪𝘳𝘦𝘭𝘦𝘴𝘴 𝘸𝘰𝘳𝘬 𝘦𝘵𝘩𝘪𝘤, 𝘢𝘯𝘥 𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘵𝘰 𝘬𝘦𝘦𝘱 𝘦𝘷𝘦𝘯 𝘵𝘩𝘦 𝘮𝘰𝘴𝘵 𝘤𝘰𝘮𝘱𝘭𝘦𝘹 𝘯𝘦𝘨𝘰𝘵𝘪𝘢𝘵𝘪𝘰𝘯𝘴 𝘮𝘰𝘷𝘪𝘯𝘨 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘱𝘭𝘢𝘺𝘦𝘥 𝘢 𝘤𝘳𝘶𝘤𝘪𝘢𝘭 𝘳𝘰𝘭𝘦 𝘪𝘯 𝘵𝘩𝘦 𝘴𝘶𝘤𝘤𝘦𝘴𝘴𝘧𝘶𝘭 𝘤𝘰𝘮𝘱𝘭𝘦𝘵𝘪𝘰𝘯 𝘰𝘧 𝘵𝘩𝘦 𝘳𝘰𝘶𝘯𝘥. 𝘞𝘦 𝘢𝘳𝘦 𝘪𝘯𝘤𝘳𝘦𝘥𝘪𝘣𝘭𝘺 𝘨𝘳𝘢𝘵𝘦𝘧𝘶𝘭 𝘧𝘰𝘳 𝘵𝘩𝘦𝘪𝘳 𝘴𝘶𝘱𝘱𝘰𝘳𝘵 𝘢𝘯𝘥 𝘭𝘰𝘰𝘬 𝘧𝘰𝘳𝘸𝘢𝘳𝘥 𝘵𝘰 𝘸𝘰𝘳𝘬𝘪𝘯𝘨 𝘵𝘰𝘨𝘦𝘵𝘩𝘦𝘳 𝘢𝘴 𝘸𝘦 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦 𝘵𝘰 𝘨𝘳𝘰𝘸." – Pavel Hrmo, CEO
The Kellerhals Carrard deal team consisted of:
- Karim Maizar (Lead, Partner, Corporate/VC/M&A)
- Kathrin Moser (Senior Associate, Corporate/VC/M&A)
- Simon Gluch (Associate, Corporate/M&A)
- Joséphine Marmy (Counsel, Corporate/VC)
- Melissa Wiss (Paralegal)
Congratulations to the whole team of ZuriQ on this milestone and we look forward to what comes next.