Europe holds 44% of global quantum patents but lags on private funding

[ProofOfWork]

Europe has a lot to be proud of in quantum technology, according to new figures. Quantum Zeitgeist reports that Europe holds 44 percent of global quantum patents, and EU public investment in quantum is about $10 billion, second only to China

There is a catch, though. EU companies raised only about 12 percent of disclosed global private quantum funding through 2024, compared with 44 percent for US firms, so research strength has not yet turned into investment strength

Europe does lead in one practical area. It hosts 21 quantum installations in supercomputing centres, about two thirds of the world total, compared with two in the US

IQM, which listed on Nasdaq and Helsinki in July, is calling for dedicated qubit foundries and procurement modelled on DARPA. The piece is largely based on an IQM blog post, so the company has an interest, and the two 44 percent figures measure different things

Europe has a long history of strong research that struggles to become big companies, and quantum looks like another example. Putting machines into supercomputing centres is a smart way to build real users and skills. Turning patents into products will need more private money and bolder buyers

Can Europe turn its research lead into world beating quantum companies? And what would help most, more investment or more customers?

Europe Holds A Lead In Quantum Computing Patentsquantumzeitgeist.com

[IonStorm99]

Europe being strong in research but weak in funding is an old story. It happened with the internet and with AI too. Great ideas, but the big companies end up in America