Qwave or Quantum Wave Fund has just announced its arrival on the venture capital scene, according to a Dec. 10, 2012 news item on Nanowerk,
Quantum Wave Fund (Qwave) with headquarters in Boston today announced it has raised $30 million in capital with potential to reach $100 million dollars to fund breakthrough companies that utilize quantum materials and technologies. Quantum Wave Fund is the first fund specialized for companies developing technologies suitable for quantum technologies. Quantum physics is a hot area and quantum particles was the winning topic for the 2012 Nobel Prize for Physics.
The company has a very Russian flavour with the most of the investment team having at least one degree from a Russian post-secondary institution, from the Quantum Wave Fund Investment Team webpage,
Serguei Kouzmine, Managing Partner
Master’s Degree in physics from Novosibirsk State University and Ph.D. in physics from Institute of Nuclear Physics in Russia. Degree in Business Administration from the University of Chicago Business School …
Dmitri Kisliakov, Principal
Dmitri was running CFO role for 12 years. Last years he is working in investment area. He has M.S. degree with honor (Textile Academy, Moscow) and MBA (California State University, East Bay).
Vadim Moroz, Senior Analyst
Vadim has great experience as VP and Senior Trader at UBS, JPMorgan, Citadel Investment Group for last 10 years in Chicago and NY offices. MS (PhysTech), PhD (Northwestern University), CFA
Oleg Svintsitski, Venture Partner
More than 15 years of expertise ininternational [sic] entrepreneurial development and global investment experience; a co-founder and manager of several start-up companies in medical devices and biotechnology, internet services, and wholesale distribution in the United States and in Russia. M.S. (Operations Research) from the Moscow Aviation Institute and M.B.A. at the University of Michigan.
Good luck to them.