2xN

2xN has established itself as a significant player in the venture capital landscape with the introduction of a $120 million fund targeting innovative companies across European and American markets. The London-headquartered firm specializes in quantum computing and adjacent technological domains, positioning itself at the forefront of next-generation technological investment. Their strategic vision encompasses not only pure quantum computing ventures but extends to sectors poised for quantum-driven transformation, reflecting their nuanced understanding of how quantum technologies will reshape multiple industries.

What distinguishes 2xN's investment philosophy is their collaborative approach to funding, which has successfully attracted partnerships with prominent generalist venture capital firms including Kleiner Perkins and Sequoia Capital. This co-investment strategy enables portfolio companies to benefit from both 2xN's specialized quantum expertise and the extensive resources and networks of these established VC powerhouses. The firm's ability to bridge specialized technical knowledge with mainstream investment channels creates a distinctive advantage for early-stage companies operating in complex technological domains.

The investment thesis of 2xN centers on identifying "quantum opportunities" across diverse sectors including mobility, collaboration tools, marketplaces, and educational technology. As articulated by Fjeldsoe-Nielsen, the firm recognizes that quantum advancements will fundamentally transform these four sectors, creating significant opportunities for disruptive innovation and value creation. This cross-sector approach demonstrates 2xN's sophisticated understanding of how quantum computing's capabilities will extend far beyond direct applications, potentially revolutionizing industries not traditionally associated with quantum technology.

By establishing a dedicated $120 million fund in this specialized domain, 2xN has positioned itself as an early mover in the quantum investment landscape. The firm's transatlantic focus allows it to tap into both the European quantum ecosystem, which benefits from substantial governmental and academic research support, and the American market, known for its commercial acceleration of emerging technologies. This geographic diversity enables 2xN to identify complementary opportunities across different innovation ecosystems while helping portfolio companies expand internationally during their growth phases.