Quantum Wave Fund (QWave)

Quantum Wave Fund (QWave), a new Boston- and Moscow-based venture capital fund focused on physics and materials science, has made its first round of investments in companies seeking to commercialize technology related to nanophotonics, metamaterials and quantum information processing. QWave will invest a total of $7 million in Nano-Meta Technologies Inc. of Indiana, Centice Corp. of North Carolina, and Estonia-based Clifton. Nano-Meta Technologies creates technology that will enable a new generation of devices for powerful superresolution imaging, sensing and biomedical applications, among others.