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Pasqal raises €100M to build a neutral atom-based quantum computer
Pasqal, a Paris-based quantum computing startup, today announced that it has raised a €100 million Series B funding round let by Singapore’s Temasek. In addition to Temasek, existing investors...
View ArticleQuantum sensing startup Q-CTRL raises another $27.4M
Two quantum-adjacent technologies — quantum sensing (QS) and quantum communication (Qcomm) — are as important as quantum computing hardware itself since they help make quantum computers function more...
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UK quantum computing startup Quantum Motion raises $50.5M
U.K. quantum computing company Quantum Motion has raised £42 million ($50.5 million) in an equity round of funding led by Bosch Ventures (RBVC), with participation from Porsche, the U.K. government’s...
View ArticleQuantWare raises €6M to scale its quantum processor business
QuantWare, the Dutch startup that builds quantum processors for research and commercial usage, today announced that it has raised a €6 million seed round (that’s about $6.33 million) led by Dutch deep...
View ArticleUK Spring Budget: Chancellor plans £1M annual AI prize, quantum investments...
The U.K.’s Chancellor of the Exchequer Jeremy Hunt’s spring budget — delivered on the same day that teachers, transportation workers, civil servants and others were on strike across the country —...
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Nvidia teams up with Quantum Machines to combine classical and quantum machines
Nvidia and Quantum Machines, the Israeli startup offering an orchestration platform to controlling and operating quantum processors, today announced the launch of Nvidia DGX Quantum, which combines...
View ArticleTencent backs Singapore’s Horizon Quantum Computing in $18M round
Quantum computers have the potential to carry out highly complicated calculations in minutes that would have taken classical computers thousands of years to work out. But much of the industry is still...
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Microsoft expects to build a quantum supercomputer within 10 years
Microsoft today announced its roadmap for building its own quantum supercomputer, using the topological qubits the company’s researchers have been working on for quite a few years now. There are still...
View ArticleQuantum Machines’ next-gen quantum control solution that can scale beyond...
Tel Aviv-based Quantum Machines today announced the OPX1000, the latest iteration of its quantum controller. Built for large-scale quantum computers, the OPX1000 can control 1,000 qubits and more, well...
View ArticleMultiverse raises $27M for quantum software targeting LLM leviathans
We’re still years away from seeing physical quantum computers break into the market with any scale and reliability, but don’t give up on deep tech just yet. The market for high-level quantum computer...
View ArticleMicrosoft and Quantinuum say they’ve ushered in the next era of quantum...
Microsoft and Quantinuum today announced a major breakthrough in quantum error correction. Using Quantinuum’s ion-trap hardware and Microsoft’s new qubit-virtualization system, the team was able to run...
View ArticleC12, a French quantum computing startup founded by twin brothers, raises $19.4M
C12 is announcing that it recently raised an €18 million funding round ($19.4 million at today’s exchange rate). Originally founded in 2020 as a spinoff from the Physics Laboratory of the École Normale...
View ArticleUK’s Riverlane scores $75M to correct quantum errors
Quantum computing may still largely be in the theoretical domain, but the money that it’s attracting is very real. © 2024 TechCrunch. All rights reserved. For personal use only.
View ArticleIBM makes developing for quantum computers easier with the Qiskit Functions...
IBM today launched the Qiskit Functions Catalog, a new set of services that aims to make programming quantum computers easier by abstracting away many of the complexities of working with these...
View ArticleMicrosoft and Atom Computing will launch a commercial quantum computer in 2025
Quantum computing is getting there. After years of slow but steady development to create a useful quantum computer that can outperform classical machines, we’re still squarely in the “noisy...
View ArticleWith $30M in new funding, SEEQC thinks chips are key to building useful...
Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and...
View ArticleQuantum VC QDNL hits €25M first-close on new fund
VC investment into quantum computing declined by 50% last year according to the “State of Quantum 2024” report, dropping from $2.2 billion in 2022 to $1.2 billion, with funds switching in favor of...
View ArticleAlice & Bob raises $104M, says quantum computers based on cat qubits will be...
Quantum computing remains something of a holy grail in the world of technology: It promises a huge leap in computing power, but only if someone can figure out how to square away the fault rates that...
View ArticleGoogle-backed Boston quantum startup QuEra raises $230M debt round
Quantum computing, long relegated to the realm of the theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive race for even more computing power. On the...
View ArticleQuantum Machines raises $170M, says it’s working with more than half of all...
Quantum computing remains a holy grail in the world of technology. But thanks to some important breakthroughs in the last several months, investors are betting on promising startups in the space to...
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