# QDNL Participations: portfolio, investments and team > QDNL Participations is a vc firm based in Netherlands. 2 investments on record, 2 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/qdnl-participations (Millionrounds; every figure on the page links to its filing or article) Netherlands · [Investor](https://millionrounds.com/investors) # QDNL Participations Last cheque observed Oct 2026; 2 cheques on record. Get an email when QDNL Participations writes a new cheque. [Sign up free](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fqdnl-participations) Deploying now New fund $28M, Jan 2025 VC firm Website unconfirmed Pre-seed Quantum Quantum Computing Deploying now **100%** of best year **2** **cheques in 12 months**, 2 on record Since the last cheque **4** days **00** hrs **00** min **00** sec Median round **$2.8M** Rounds led **2 of 2** Pitch QDNL Participations ## QDNL Participations highlights - 01 2 cheques in the last 12 months - 02 Mostly Pre-seed: 100% of its rounds - 03 Led 2 rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed - **Sectors:** Quantum Quantum Computing - **Based in:** Amsterdam, Netherlands - **Cold pitches:** Not stated A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=qdnl-participations). ## The record Every round we can evidence, newest first **2 appearances** - **2026** 2 rounds - **Oct** **[RhymeQ](https://millionrounds.com/company/rhymeq)** Pre-seed · DE · Google News search **$2.2M** *Led* - **Sept** **[Azulene Labs](https://millionrounds.com/company/azulene-labs)** Pre-seed · US · Entrada Ventures **$3.4M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## What they claim to have backed From their own portfolio page (on their website) **1** of 4 we have independently watched raise [Fortune](https://millionrounds.com/company/toku) Tech Techfundingnews Thequantuminsider Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$28M** raised in Jan 2025 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Median round joined **$2.8M** the round, not its cheque Led 2 of 2 rounds **100%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Pre-seed said *2* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching QDNL Participations?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies QDNL Participations put money into. [**Azulene Labs** $3.4M · Sept 2026](https://millionrounds.com/company/azulene-labs) ## Quick answers about QDNL Participations ### What does QDNL Participations invest in? QDNL Participations invests most often at Pre-seed (100% of the rounds on record), in sectors such as Quantum and Quantum Computing. ### How active is QDNL Participations? 2 investments on record, 2 of them in the last 12 months, and it led 2. The most recent was in Oct 2026. ### What has QDNL Participations invested in recently? Its most recent investments on record: RhymeQ (Pre-seed, Oct 2026) and Azulene Labs (Pre-seed, Sept 2026). ### How big are QDNL Participations's cheques? The median round it joins is $2.8M. ### Is QDNL Participations investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### What kind of investor is QDNL Participations? QDNL Participations is a VC firm based in Amsterdam, Netherlands. ### Has QDNL Participations raised a new fund? Its latest fund filing with the SEC was in Jan 2025, reporting $28M raised. ### Where does this information on QDNL Participations come from? From 6 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=qdnl-participations) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=qdnl-participations)