About this episode

The episode discusses the fragmented nature of the quantum industry and the implications for venture capital and investment strategies.

In this episode, we welcome Kris Naudts & Zeynep Koruturk two leading voices in quantum investing and deep tech innovation from Firgun Ventures to break down where the industry is really heading. Quantum is often spoken about as a single technology but the reality is far more fragmented. In this episode, we break down the three core pillars of the quantum industry: computing, sensing, and communications —and why treating them as interchangeable is leading to major misallocations of capital and a misunderstanding of the space. We explore where venture capital is actually flowing, why hardware is dominating funding, and how middleware like error correction is quietly becoming one of the most important layers in the ecosystem. Timestamps: 00:01:25 — Quantum investing intro & capital misallocation across sectors 00:03:51 — Hardware vs software vs middleware in quantum 00:06:52 — Confusion in the quantum ecosystem (sensing vs computing vs crypto fears) 00:08:00 — Where quantum is in its lifecycle (3–7 year horizon shift) 00:09:25 — Early commercialisation + SPACs + emerging quantum “majors” 00:11:26 — Why exits may happen faster than expected in quantum 00:12:36 — Key barriers…

People in this episode

Host: Aarish Shah

Guests: Kris Naudts, Zeynep Koruturk

Topics covered

• quantum investing
• deep tech innovation
• venture capital
• quantum computing
• capital misallocation

Keywords

• quantum investing
• deep tech
• venture capital
• hardware
• middleware
• capital misallocation
• quantum ecosystem

Mentioned in this episode

Organizations: Firgun Ventures

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