About SparrowQuantum
SparrowQuantum is a company based in Copenhagen (Denmark) founded in 2015 by Soren Stobbe and Peter Lodahl.. SparrowQuantum has raised $60.7 million across 5 funding rounds from investors including European Union, Liftt and Danmarks Eksport og Investeringsfond. SparrowQuantum offers products and services including Deterministic single-photon source and Sparrow Core. SparrowQuantum operates in a competitive market with competitors including Seeqc, IQM, Xanadu, LightOn and C12 Quantum Electronics, among others.
- Headquarter Copenhagen, Denmark
- Founders Soren Stobbe, Peter Lodahl
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Sparrow Quantum Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60.7 M (USD)
in 5 rounds
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Latest Funding Round
$32 M (USD), Series A
Dec 02, 2025
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Investors
European Union
& 7 more
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Employee Count
Employee Count
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Products & Services of SparrowQuantum
SparrowQuantum offers a comprehensive portfolio of products and services, including Deterministic single-photon source and Sparrow Core. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Reliably delivers single photons on demand for quantum applications
Provides technology from quantum dots to advanced quantum leaps
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Funding Insights of SparrowQuantum
SparrowQuantum has successfully raised a total of $60.7M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $32 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $32.0M
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First Round
First Round
(01 Aug 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series A - SparrowQuantum | Valuation | North Ventures |
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| Apr, 2025 | Amount | Series A - SparrowQuantum | Valuation | PensionDanmark | |
| May, 2023 | Amount | Seed - SparrowQuantum | Valuation | 2xN |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SparrowQuantum
SparrowQuantum has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Liftt and Danmarks Eksport og Investeringsfond. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and venture capital fund focused on the healthcare sector
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Founded Year | Domain | Location | |
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A venture fund focused on quantum-inspired technology investments.
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SparrowQuantum
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SparrowQuantum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sparrowquantum Comparisons
Competitors of SparrowQuantum
SparrowQuantum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Seeqc, IQM, Xanadu, LightOn and C12 Quantum Electronics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
System-on-chips for quantum computing applications are provided.
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| domain | founded_year | HQ Location |
Superconducting quantum computers are developed with advanced processors and operations.
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| domain | founded_year | HQ Location |
Xanadu is involved in unspecified technology or AI solutions.
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| domain | founded_year | HQ Location |
Optical processors are provided for machine learning computations.
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| domain | founded_year | HQ Location |
Manufacturer of application-specific integrated circuits for quantum computing applications
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| domain | founded_year | HQ Location |
Provider of silicon integrated photonics and quantum optics
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Sparrowquantum
Frequently Asked Questions about SparrowQuantum
When was SparrowQuantum founded?
SparrowQuantum was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is SparrowQuantum located?
SparrowQuantum is headquartered in Copenhagen, Denmark.
Who is the current CEO of SparrowQuantum?
Soren Stobbe is the current CEO of SparrowQuantum. They have also founded this company.
Is SparrowQuantum a funded company?
SparrowQuantum is a funded company, having raised a total of $60.7M across 5 funding rounds to date. The company's 1st funding round was a Seed of $4.7M, raised on Aug 01, 2016.
What does SparrowQuantum do?
SparrowQuantum was founded in 2015 in Copenhagen, Denmark, within the quantum photonics sector. Single-photon chips based on self-assembled InAs quantum dots are developed, with photons generated through laser pulses for high coupling efficiency. A photon cannon incorporating photonic integrated circuits has also been created, drawing from research and patents at the Niels Bohr Institutes Quantum Photonics Lab. Operations focus on delivering reliable single-photon streams for quantum technologies.
Who are the top competitors of SparrowQuantum?
What products or services does SparrowQuantum offer?
SparrowQuantum offers Deterministic single-photon source and Sparrow Core.
Who are SparrowQuantum's investors?
SparrowQuantum has 8 investors. Key investors include European Union, Liftt, Danmarks Eksport og Investeringsfond, PensionDanmark, and Novo Holdings.