Vescent, a Golden, CO-based company which specializes in quantum 2.0 technologies enabling commercialization, raised $5M in Seed funding.
The round was led by Corporate Fuel, with participation from Caruso Ventures.
The company intends to use the funds to grow manufacturing infrastructure by increasing CAPEX spend and adding staff to meet customer demand.
Led by CEO Scott Davis, Vescent is enabling the commercialization of Quantum Technologies in the lab and in the field. It has been providing frequency Combs, Lasers, and Controls to 100s of customers on the front lines of scaling the commercial quantum ecosystem throughout the world with low-SWaP, ruggedness, and IP.
Commenting on the news, Scott Davis said: “Vescent is on the front lines of scaling the quantum ecosystem. Our quantum enabling solutions support both scientific and industrial customers as our commercial solutions are deployable. This capital infusion is what we need now to continue to execute. Quantum is hard, and we are ready.”
FinSMEs
08/03/2024