Boulder’s Caruso Ventures leads $2.5M investment in quantum startup

Caruso Ventures, a Boulder-based venture-capital firm helmed by Zaya Group founder and former CEO Dan Caruso, recently led a $2.5 million seed investment round in support of Bifrost Electronics, an Arvada quantum technology startup.

The company has “developed a new class of magnetically insensitive, scalable, electro-optic quantum amplifiers,” Bitfrost said in a news release. “Traditional quantum readout devices are notoriously complex, difficult to use, and failure-prone; Bifrost offers an elegant, functional alternative.”

Read the full article on BizWest’s website by clicking here.

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Bifrost Electronics Secures $2.5 Million Seed Funding for Quantum Amplifier Development