Post by Alain le Loux

Alain le Loux MSc MBA - General Partner at top-tier deep tech VC Cottonwood Technology Fund 🇳🇱 🇺🇸 Impact investments in deeptech startups in Northern Europe & Southwest USA. #3 best performing fund in Europe.

Cottonwood Technology Fund invested, out of our new Fund IV, in Casimir's $12M seed round with the goal to bring the world's first quantum vacuum energy chip to market. CASIMIR is developing proprietary “Casimir cavity” chips that it says can harvest energy from quantum fields to continuously power devices without battery swaps, cords, or charging. The seed round, oversubscribed from an original $8 million target, is led by Scout Ventures with participation from Lavrock Ventures, Cottonwood Technology Fund, Capital Factory, American DeepTech, and Tim Draper of Draper Associates. The funding will accelerate chip performance optimization, targeting commercial availability of the company's first-generation MicroSparc chip by 2028 and positioning Casimir to disrupt the ultra-low-power electronics sector (for example low-power devices like IoT sensors, smoke detectors, tire sensors, and hearing aids). Lee Rand David Blivin Patrick Claessen Alain le Loux #QuantumVacuumEnergy #CasimirEffect #UltraLowPower #IoT #ChipTechnology

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