Case Study > Venture Capital
Tech due diligence on a superconducting quantum hardware startup
The client need
A prospective lead investor for an early growth round approached us to conduct technical due diligence on a startup developing superconducting quantum hardware. The investor required a thorough assessment of the startup’s technology, technical readiness, scalability, and manufacturability, as well as the competitive landscape and potential advantages within the quantum industry.
Choosing Deepsense
After scoping the project with the client, Deepsense conducted a guided science-tech due diligence using our established, proprietary framework. The process was executed by two leading, complementary experts in Quantum Computing Hardware and Superconducting Electronics, with dedicated project management and process guidance from a Deepsense in-house project manager.
The project involved a comprehensive document review, including internal documentation and external research, covering critical aspects such as technology readiness, technology roadmap, manufacturing roadmap, capital expenditure, quantum industry readiness, timeline to commercialization, competitive landscape, competitive advantage, industry adoption readiness, and team assessment. Following the document analysis, the experts conducted management calls with the startup’s technical team, focusing on technology readiness, potential bottlenecks in scalability, and integration challenges.
The deliverables included a summary report with clear views on the startup’s technological strengths, risks, potential mitigants, and critical milestones across the assessment areas, along with a final investor debriefing session.
Outcomes
Deepsense’s structured insights enabled the client to gain a deep understanding of the startup’s technological promises and its position in the quantum industry. The final report was shared with the startup’s team and co-investors, supporting decision-making with a focus on both immediate fundraising and long-term value creation opportunities. Overall, the assessment facilitated an informed investment decision and empowered the client to thoroughly understand the opportunities and risks in the field.
