Quantonation Ventures, a venture firm investing in quantum and physics-based startups, has closed its oversubscribed second fund at €220 million, or approximately $260 million. That’s more than twice the size of its inaugural fund, and comes in addition to other signals that the quantum winter isn’t coming yet.
CEO Chris Urmson called it a “superhuman” moment, adding that Aurora’s trucks can now carry freight 1,000 miles in 15 hours — faster than what a human driver can legally accomplish.