{"id":11229,"date":"2025-06-24T16:58:11","date_gmt":"2025-06-24T16:58:11","guid":{"rendered":"https:\/\/www.europesays.com\/us\/11229\/"},"modified":"2025-06-24T16:58:11","modified_gmt":"2025-06-24T16:58:11","slug":"quantum-computing-investment-fund-gets-student-support","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/11229\/","title":{"rendered":"Quantum Computing Investment Fund Gets Student Support"},"content":{"rendered":"<p class=\"is-style-dek has-medium-font-size\">Tech investment fund EdenBase says the analytics tool is likely to save the team time and lead to better investments when the fund launches.<\/p>\n<p>        <img loading=\"lazy\" decoding=\"async\" width=\"32\" height=\"32\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Patrick-Daly.jpg\" class=\"attachment-32x32 size-32x32\" alt=\"Headshot of Patrick Daly\"  \/>    <\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" width=\"1100\" height=\"733\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/Quantum1400.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"Northeastern students created an analytics tool for a $100 million quantum computing investing fund based in London, helping identify promising startups.\" style=\"object-fit:cover;\"  \/>Northeastern students compiled research ahead of the launch of EdenBase\u2019s quantum investment fund. (Photo by Marijan Murat\/picture alliance via Getty Images)<\/p>\n<p>LONDON \u2014 When it comes to emerging technology, few signals are stronger than launching a $100 million investment fund.<\/p>\n<p>That\u2019s the plan EdenBase \u2014 a tech fund based at Northeastern University\u2019s London <a href=\"https:\/\/news.northeastern.edu\/2024\/08\/20\/roman-wall-london-campus\/\" rel=\"nofollow noopener\" target=\"_blank\">startup hub<\/a> \u2014 has for its new fund, focused on early- and growth-stage startups that are utilizing quantum computing.<\/p>\n<p><a href=\"https:\/\/www.edenbase.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">EdenBase<\/a> was founded with the intention of investing in frontier technologies like artificial intelligence. Now, betting quantum computing is nearing a breakthrough \u2014 much like AI did after the 2020 launch of OpenAI\u2019s ChatGPT \u2014 it wants to act early by identifying investable startups.<\/p>\n<p>As more logical, error-corrected \u201cqubits\u201d become accessible, EdenBase believes the long-anticipated \u201cquantum advantage\u201d is near, with the potential to revolutionize medicine, physics, environmental science, cryptology and many other fields.<\/p>\n<p>\u201cQuantum computing has the power to provide answers to what are currently unsolvable problems,\u201d says <a href=\"https:\/\/news.northeastern.edu\/2024\/05\/07\/uk-technology-hub-eric-van-der-kleij\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Eric van der Kleij<\/a>, EdenBase co-founder and partner.<\/p>\n<p>To help identify the most promising companies and regions, EdenBase enlisted eight students undertaking a postgraduate degree in business administration (MBA) on Northeastern\u2019s Boston campus. Van der Kleij described the collaboration as putting students \u201cat the coalface of the future.\u201d<\/p>\n<p>The firm wanted a \u201cvalidation of our thesis\u201d, van der Kleij explains, that quantum startups are ready for investment. It also wanted the students to provide insights into emerging quantum clusters and confirm that there was enough deal flow potential to justify a dedicated fund.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" height=\"734\" width=\"1100\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/06\/EdenBase-quantum-fund_1400.jpg\" alt=\"Students watch a presentation in a conference room.\" class=\"wp-image-270928\"  \/>Northeastern MBA students watch a presentation from EdenBase co-founder Daniel Doll-Steinberg about its quantum startup ambitions. Courtesy Photo<\/p>\n<p>The students traveled to London in March for briefings, then returned to the U.S. to compile a research report and presentation.<\/p>\n<p>Van der Kleij says the result was a valuable analytics tool that the fund \u2014 officially, EdenBase Quantum Fund One \u2014 will be used to identify global sources of investments when it goes live later this year. The outcome of the project \u201cwent far beyond the remit\u201d the students were initially given, he adds.<\/p>\n<p>\u201cThey collated their data and created an analytics tool which you can use to look at quantum deal flow by region, which I thought was pretty cool,\u201d he says. \u201cIt will definitely be one of the data points that we feed into the fund team as they evaluate sources of deal flow.\u201d<\/p>\n<p>The former Downing Street tech adviser believes the tool will \u201csave us time and hopefully result in even better investments.\u201d<\/p>\n<p>Meredith Schwarzkopf, one of the MBA consultants, called the experience \u201creally rewarding.\u201d<\/p>\n<p>\u201cIt felt very much like we accomplished something, which was really exciting for us and the team,\u201d she says. \u201cAnd, personally, I am really excited in the coming months to hear if there are any companies that Eric and the EdenBase team decide to invest in following our research.\u201d<\/p>\n<p>Now <a href=\"https:\/\/news.northeastern.edu\/2024\/07\/22\/ibm-apprenticeship-london\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">interning at IBM<\/a>, Schwarzkopf, 26, says EdenBase provided baseline criteria, but the students expanded on it.<\/p>\n<p>\u201cWe talked [with EdenBase] in our meeting about creating this great index where you could filter by region and size and different things like that,\u201d says Schwarzkopf, who is from Boston.<\/p>\n<p>\u201cBut then we also included the human aspects and different qualitative attributes that we established would be important, one of which was like looking at the leadership team. We wanted to know what the background of the leaders were because we found that to be really important in the success of other quantum company startups.\u201d<\/p>\n<p>Van der Kleij was \u201cdelighted\u201d that the students took the initiative to include leadership evaluations.<\/p>\n<p>Michael Gleaslen, another student in the group, valued the experience of working in a new tech space and a different business culture.<\/p>\n<p>\u201cI loved the opportunity that Northeastern provided,\u201d says the 29-year-old from Andover, Massachusetts. \u201cIt is a foreign country, but one very similar to the United States. \u2026 Not having a language barrier made the process much easier, but it was still enough of a different culture \u2026 just by being there I learned how they operate over there and how they work \u2014 far more than when you just visit a place and get a tourist\u2019s perspective.\u201d<\/p>\n<p>The work was part of the <a href=\"https:\/\/damore-mckim.northeastern.edu\/global-field-study\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Global Field Study<\/a> course led by professor <a href=\"https:\/\/damore-mckim.northeastern.edu\/people\/ravi-sarathy\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Ravi Sarathy<\/a>, who says the students gained firsthand experience applying classroom skills to real-world problems.<\/p>\n<p>\u201cThey learned about quantum computing,\u201d he says. \u201cThey learned how to work together as a team, how to work with a client \u2026 how to use library information, industry information, quantitative data of all sorts \u2026 and reduce it in a digestible format so that it can actually answer the client\u2019s questions.\u201d<\/p>\n<p>EdenBase has announced the fund\u2019s home will be <a href=\"https:\/\/www.edenbase.com\/blog\/edenbase-announces-the-launch-of-qbase-londons-first-quantum-applications-hub\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">QBase<\/a>, a new area within the Northeastern startup hub on Crosswall, which will help businesses to learn about quantum and provide opportunities for students. It will host researchers, entrepreneurs, investors and officials, and some portfolio companies will also locate there.<\/p>\n<p><a href=\"https:\/\/www.nulondon.ac.uk\/people\/tobias-hartung\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Tobias Hartung<\/a>, a Northeastern associate professor of computer science and quantum researcher, will serve as a volunteer adviser to the fund.<\/p>\n<p>\u201cWhat EdenBase is looking for,\u201d says Hartung, \u201cis people who have direct experience with what\u2019s happening and are involved in the field to advise them on what makes sense.<\/p>\n<p>\u201cBecause, let\u2019s face it, if you\u2019re not involved in the field and you\u2019re looking into investment opportunities, how are you going to know what makes sense and what is science fiction?<\/p>\n<p>\u201cThey are thinking about, \u2018Does this make sense? Is this something viable?\u2019\u2026 What is viable, say, in an academic environment, might not necessarily be viable for a startup.\u201d<\/p>\n<p>Van der Kleij says EdenBase hopes to tap Hartung\u2019s expertise to help validate investments, given his work with quantum computing systems and algorithm design.<\/p>\n<p>He also hopes the partnership will deepen Northeastern\u2019s engagement in the quantum sector.<\/p>\n<p>\u201cWhat could be beneficial to him and the students that he engages with,\u201d van der Kleij adds, \u201cis to come and join some of the sessions where we are looking at the opportunities that we have been presented with for investment.<\/p>\n<p>\u201cWe hope he can benefit from the view of industry and the view of businesses as to the viability of quantum-enabled solutions.\u201d<\/p>\n<p> *{margin-block-start:0;margin-block-end:0;}.wp-container-core-group-is-layout-0f4c6871 > * + *{margin-block-start:var(&#8211;wp&#8211;preset&#8211;spacing&#8211;40);margin-block-end:0;}.wp-container-core-group-is-layout-aaffb961 > :where(:not(.alignleft):not(.alignright):not(.alignfull)){max-width:832px;margin-left:auto !important;margin-right:auto !important;}.wp-container-core-group-is-layout-aaffb961 > .alignwide{max-width:832px;}.wp-container-core-group-is-layout-aaffb961 .alignfull{max-width:none;}.wp-container-core-post-content-is-layout-575ec271 > :where(:not(.alignleft):not(.alignright):not(.alignfull)){margin-left:auto !important;margin-right:auto !important;}.wp-container-core-post-content-is-layout-575ec271 .alignfull{max-width:none;}<br \/>\n]]><\/p>\n","protected":false},"excerpt":{"rendered":"Tech investment fund EdenBase says the analytics tool is likely to save the team time and lead to&hellip;\n","protected":false},"author":3,"featured_media":11230,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[12139,745,12140,525,4313,2676,12141,12142,918,819,158,67,132,68],"class_list":{"0":"post-11229","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-business-administration","9":"tag-computing","10":"tag-experiential-learning","11":"tag-finance","12":"tag-investing","13":"tag-london","14":"tag-northeastern-university-london","15":"tag-quantum-advantage","16":"tag-quantum-computing","17":"tag-startup","18":"tag-technology","19":"tag-united-states","20":"tag-unitedstates","21":"tag-us"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/11229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=11229"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/11229\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/11230"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=11229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=11229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=11229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}