# Quantum Optics Jena

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quantum-optics-jena

- Industry: Hardware
- Headquarters: Jena, Germany
- Website: www.qo-jena.com
- Total disclosed funding: $9.2M
- Latest round: Series A (Jul 30, 2024)
- Investors on record: 4

## About

Based in Jena, Germany, and founded in 2020 by co-founder Alexander Ruckdaeschel, Quantum Optics Jena GmbH, a.k.a. Quantum Optics Jena, develops a quantum technology communication system that provides secured transmission of information to counter cyber-attacks and the threat of quantum computing. In July 2024, Quantum Optics Jena GmbH raised EUR 8.5 million in a series A funding led by Join Capital, ELAS Technology Investment, Fraunhofer Technologie-Transfer Fonds GmbH, and Bm-t Beteiligungsmanagement Thüringen. The series A funding values Quantum Optics Jena GmbH at USD 49.17 million post-money. The series A funding values Quantum Optics Jena GmbH at USD 49.17 million post-money. As of October 2024, Kevin F. is the CEO of the company.

Quantum Optics Jena offers quantum key distribution (QKD) systems based on entangled photons for secure communication. These systems include fiber-based solutions for data centers, communication networks, and satellite-based quantum communication. Their core products include the "Elvis" QKD systems, featuring components like the HD photon pair source and PAM polarization analyzing modules, designed for both short- and long-distance communication. The company also provides software for real-time key management and system monitoring, supporting various protocols such as BBM92 and ETSI QKD 014.

The company plans to use its proceeds from July 2024 funding to support product expansion of the company.

## Funding rounds

- Series A, Jul 30, 2024, $9.2M — Bm-t, Join Capital, Fraunhofer Technologie-Transfer Fonds, ELAS Technology Investment
- Seed, Feb 11, 2021 — Bm-t, Fraunhofer Technologie-Transfer Fonds, ELAS Technology Investment

## Investors

- Bm-t (https://capitalatlas.ai/funds/bm-t) — Seed, Series A
- Fraunhofer Technologie-Transfer Fonds — Seed, Series A
- ELAS Technology Investment (https://capitalatlas.ai/funds/elas-technology-investment) — Seed, Series A
- Join Capital — Series A