-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueMoving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
Intelligent Test and Inspection
Are you ready to explore the cutting-edge advancements shaping the electronics manufacturing industry? The May 2025 issue of SMT007 Magazine is packed with insights, innovations, and expert perspectives that you won’t want to miss.
Do You Have X-ray Vision?
Has X-ray’s time finally come in electronics manufacturing? Join us in this issue of SMT007 Magazine, where we answer this question and others to bring more efficiency to your bottom line.
- Articles
- Columns
Search Console
- Links
- Media kit
||| MENU - smt007 Magazine
Sparrow Quantum Secures €21.5 Million to Accelerate Photonic Quantum Innovation in Europe
April 10, 2025 | BUSINESS WIREEstimated reading time: 3 minutes

Sparrow Quantum, a leading European supplier of photonic quantum chips, has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. The investment round was led by PensionDanmark, with strong backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the European Innovation Council. This investment will enable Sparrow Quantum to meet the growing demand for photonic quantum hardware by accelerating R&D, expanding chip production, and bringing next-generation quantum chips to market.
Pioneering the Future of Photonic Quantum Chip Technology
Sparrow Quantum builds on a rich Danish history of scientific quantum discovery. While at the Niels Bohr Institute in Copenhagen, its founder Professor Peter Lodahl conducted research that laid the groundwork for the company’s flagship product, Sparrow Core—an on-chip deterministic single-photon source critical for scaling photonic quantum computing by generating photons reliably on demand. Today, Sparrow Core sets the industry benchmark, delivering best-in-class efficiency, quality, and exceptional stability.
“With this investment, we can truly intensify our efforts to bring quantum technology from the lab to the market,” says Professor Peter Lodahl, Founder and Chief Quantum Officer of Sparrow Quantum. “It enables us to scale up in three critical areas which are essential for industrializing our photonic quantum chips and ensuring we can deliver stable, advanced solutions to the market. It is an honor to build up a truly world-class team of quantum photonics experts with unique know-how on quantum photonic chip technology.”
Building on a €4.1 million seed investment raised in 2023, this new funding enables Sparrow Quantum to broaden its ambitions across the following strategic areas:
- Scaling Production: Establish a scaled-up production for photonic quantum chips to meet growing demand.
- Advancing R&D: Develop entangled photon sources, critical to unlocking the full potential of quantum technologies.
- Expanding Expertise: Expand technical expertise to bring new quantum products to market.
“Quantum technology can open an entirely new world of solutions to complex problems, and the Danish research environment, from which Sparrow Quantum emerges, has the potential to position Denmark as an international frontrunner in the field. Therefore, we see a clear potential for the investment to yield an attractive return on our members' pension savings while also benefiting the national economy and Danish industry. That is why it is an obvious investment for PensionDanmark,” says Peter Stensgaard Mørch, CEO of PensionDanmark.
Building on a Solid Foundation
In the past few years, Sparrow Quantum has made significant strides toward delivering market-ready solutions by partnering with quantum computer integrators and full-stack system providers across Europe. Powered by the Sparrow Core chip, photonic quantum computers can achieve notably faster processing speeds than earlier iterations using probabilistic sources, fuelling further advancements in generative AI and quantum-optimized machine learning. These developments promise unprecedented scalability and real-world applications across multiple sectors—within Europe and beyond.
Strengthening Europe’s Quantum Position
This investment exemplifies how to foster broader collaboration among chip manufacturers, foundries, and system integrators on European soil, marking a crucial leap for Europe’s emerging quantum supply chain. As Sparrow Quantum’s CEO Kurt Stokbro highlights: “This investment is a testament to Denmark and Europe’s ability to lead in quantum technology. With strong backing from visionary Danish investors, we are ready to unlock quantum breakthroughs that benefit society and the global economy.” Beyond commercial scaling, this investment strengthens Europe’s quantum supply chain, ensuring that chip manufacturing, quality control, and R&D remain within European borders. This aligns with key EU initiatives like the Chips Act, reinforcing technological sovereignty and global competitiveness in quantum innovation.
"Sparrow Quantum demonstrates how Denmark – building on the foundation of the Niels Bohr Institute – has developed world-leading quantum expertise. Professor Lodahl’s research paved the way for the company’s groundbreaking quantum chip, which is now in global demand. With our investment, we are strengthening both their leading position and the role of Denmark and Europe in the quantum future," says Peder Lundquist, CEO of EIFO.
Suggested Items
Leidos Using Quantum Technology to Thwart GPS Jamming
06/05/2025 | PRNewswireSusceptibility to jamming is a significant military vulnerability of the Global Positioning System (GPS) signal. Through a Defense Innovation Unit contract, Leidos is developing an alternative navigation technology that measures variations in the Earth's magnetic field and harnesses the quantum properties of nitrogen in diamonds.
IonQ Signs MoU with KISTI to Accelerate South Korea’s Role in the Global Quantum Race
06/02/2025 | IonQIonQ, a leading commercial quantum computing and networking company, today announced the signing of a memorandum of understanding (MoU) with the Korea Institute of Science and Technology Information (KISTI), a leading national science and technology research institute and supercomputing center.
Quantinuum, Al Rabban Capital Launch Joint Venture to Accelerate Quantum Computing Adoption in Qatar and the Region
05/21/2025 | QuantinuumQuantinuum, the world leader in quantum computing, is establishing a Qatari-incorporated Joint Venture with Al Rabban Capital, a division of Al Rabban Holding Company, one of Qatar’s most prominent companies.
Keysight Quantum Control System Embedded within Fujitsu and RIKEN’s World-Leading 256-Qubit Quantum Computer
05/16/2025 | BUSINESS WIREKeysight Technologies, Inc. announced that its Quantum Control System (QCS) has been selected as the control system embedded within Fujitsu and RIKEN’s recently developed 256-qubit quantum computer at the RIKEN RQC-FUJITSU Collaboration Center in Japan, marking a pioneering step in the industry’s pursuit of fault tolerant quantum computer.
Hon Hai Research Institute Demonstrates Superiority of Shallow Quantum Circuits Beyond Prior Understanding
05/05/2025 | Hon Hai Technology GroupHon Hai Research Institute (HHRI), in a milestone collaborative effort, has demonstrated that parallel quantum computation can exhibit greater computational power than previously recognized, with its research results accepted for publication in the prestigious journal Nature Communications.