Ground State Ventures closed off its pre-seed round for Diffraqtion at a total of $10 million, with strategic investments from Lockheed Martin Ventures and Presidio Ventures.

Ground State Ventures operates an $88 million global fund backing high-potential quantum technology startups at their earliest stages. Across quantum computing, sensing, communications and infrastructure, the fund invests in the best teams working at the cutting edge of what's possible to build the next generation of era-defining technology businesses. Established in 2022 by General Partner Ton van ‘t Noordende, Ground State Ventures brings together a team with top-tier scientific and technical expertise, including PhDs in Physics from institutions such as Oxford, Stanford, Harvard, Yale, and UC Berkeley. The Ground State Ventures investment team operates across the US, the Netherlands, and the UK.