CerraCap Ventures joins quantum revolution, invests in Entropica Labs' Series A funding round

CerraCap Ventures, a Southern California-based venture capital firm, has announced its participation in Entropica Labs' Series A funding round, reinforcing its dedication to making quantum computers useful.  

Entropica Labs, drawing on years of hands-on research across various quantum computing modalities and platforms, is developing software tools to empower users to design fault-tolerant versions of quantum circuits and algorithms.

As part of the investment Vikas Datt, Partner CerraCap Ventures joins the Entropica Labs board as an observer. "We are excited to join Entropica Labs on their quantum computing journey. Their innovative approach and steadfast dedication to tackling pivotal challenges harmonize perfectly with CerraCap's investment principles. Entropica Labs stands at the cusp of molding the quantum computing future, and we eagerly anticipate working with them in this groundbreaking endeavor," he said.

Entropica Labs has demonstrated exceptional prowess in the field by building strong partnerships with hardware companies and delivering value with a nimble and dedicated Team. The successful Series A funding round further validates Entropica Labs' position as a key player in the quantum technology landscape.

Tommaso Demarie, CEO, Entropica Labs: "CerraCap's investment is a significant endorsement of our vision and capabilities. Their Sales and Scale model, coupled with a commitment to supporting portfolio companies, will be invaluable to us in the US market."

CerraCap Ventures, known for its strategic investments and operational support to portfolio companies, sees immense potential in Entropica Labs. The firm's approach aligns with the growing demand for sophisticated software solutions in the quantum computing space. The investment from CerraCap Ventures signifies a collaborative effort to drive advancements in quantum computing. As quantum technology becomes increasingly accessible, CerraCap Ventures is poised to contribute to the transformative journey that lies ahead.

www.cerracap.com
www.entropicalabs.com