Firgun Ventures, a newly launched venture capital firm focused on early growth-stage quantum technology companies, has closed its first fund at $70 million. The firm, headquartered in London with a global investment mandate, secured backing from the Qatar Investment Authority, Ilyas Khan, KSG, and additional supporters.
The firm positions itself as the first specialized VC dedicated to addressing the funding gap that often emerges as quantum startups advance into Series A and Series B. Firgun aims to serve as a lead partner for entrepreneurs ready to scale, offering capital, deep sector expertise, and long-term commitment in a field that has become increasingly central to national strategies and global technological competitiveness.
Firgun’s investment philosophy is built on supporting founders in a sustainable and informed manner, emphasizing values such as responsible partnership and shared success. The firm’s name reflects this ethos: “Firgun” refers to taking pride in the achievements of others, a principle the team says will guide its approach to company building and growth.
The firm was co-founded by Dr. Kris Naudts, MD, PhD, an academic psychiatrist-neuroscientist at King’s College London and founder of Culture Trip, alongside Zeynep Koruturk, a former Goldman Sachs executive and co-founder of the firm’s Tech Initiative. Firgun’s investment team includes Cambridge University physicist Mete Atatüre, PhD; Alexandre Perrin, former Head of Ventures at XTX Markets; and Cedric De Schaut, formerly of Deloitte.
Firgun has also assembled an advisory council featuring senior global leaders in finance, technology, and government, including former European Investment Bank vice president and Belgian deputy prime minister Kris Peeters; Cambridge Quantum Computing and Quantinuum founder Ilyas Khan, KSG; Syncona co-founder Martin Murphy; former Google senior director Yariv Adan; U.K. government security and defense veteran Eddie Alleyn; and deep tech investor and adviser Augustine Syn.
Firgun Ventures plans to invest in commercial breakthroughs across quantum computing, sensing, communication, and related technologies as the field accelerates toward broader market impact.
