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Fund profile

2xN

2xN

United Kingdom

Leading

About

2xN is a London-based, quantum-focused venture capital fund co-founded by Lars Fjeldsoe-Nielsen and Niels Nielsen. The firm specializes in early-stage investments, primarily targeting startups in quantum computing and other sectors with transformative potential like mobility, edtech, and marketplaces. Notable investments include quantum heavyweights Quantinuum and Kvantify, as well as StudySmarter, demonstrating its focus on impactful technologies. With a $120 million fund, 2xN typically invests $3 to $5 million in pre-seed to Series A rounds, actively backing companies across Europe and the U.S. The fund's strategy is highly collaborative, often co-investing with prominent VCs like Sequoia and A16Z, favoring founders with a vision for societal impact. Rather than dominating deals, 2xN aims to create network effects and long-term partnerships, making them a hands-on, founder-first investor. The team’s dual expertise—Nielsen’s pioneering work in quantum computing and Fjeldsoe-Nielsen’s background in Silicon Valley—enables them to offer deep, technical guidance while scaling businesses rapidly. Startups are encouraged to approach the fund with disruptive ideas in core sectors like quantum, as 2xN builds its deal flow through a strong network of repeat entrepreneurs and global investors.

Details

Average check

$1M-$3M
$3M-$10M

Round

Pre-Seed
Seed
Series A
Venture Round

Previous Investments

AI & Deep Tech
Consumer Goods & Electronics
Fintech & Financial services
Other
Pharma
Software & Apps
Transportation & Mobility

Geo focus

Europe
USA

Highlights

$10.4M

Historical average check

$36.6M

Historical max check

July 2024

Last investment date

8

Investments

Software & Apps

AI & Deep Tech

Pharma

Hardware. Robotics & IoT

Fintech & Financial services

Other

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Website

2xn.vc

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