With 41.95% of the votes, Ilyas Khan, CEO of the UK startup Cambridge Quantum Computing (CQC), has won the title of the “Quantum Personality of the Year 2020“. As a visionary, Ilyas founded CQC in 2014, […]
24 qubit GHZ entanglement at room-temperature
Austrian AQT startup has just announced their compact ion-trap quantum computer prototype, demonstrating 24 qubit GHZ entanglement in a room-temperature setup housed in two 19-inch racks. This research work in cooperation with the University of Innsbruck, […]
Classiq startup secures $10.5M more
Classiq, an Israeli startup has just announced that it secured $10.5 million more in funding for a total of $14.5 million. The new $10.5 million Series A financing round was led by Team8 and Wing […]
CQC and Roche partnership in drug discovery
Cambridge Quantum Computing (CQC) has just announced their collaboration with Roche, to design and implement noisy-intermediate-scale-quantum (NISQ) algorithms for early-stage drug discovery and development. The multi-year collaboration will combine the expertise of both CQC and […]
Riverlane secures $20 million in Series A funding
Riverlane has raised $20m in Series A funding to build Deltaflow, its operating system for quantum computers. This new funding follows a £3.25 million seed round completed in June 2019. The round was led by […]
Dutch Quantum Computing startups create IMPAQT consortium
Members of the IMPAQT consortium signed an agreement to collaborate on ensuring that different building blocks of Quantum Computing are well-interfaced. In the future, this will allow Quantum Computer manufacturers to easily integrate subsystems. The members of the IMPAQT consortium are: Orange QS – Integrated quantum system provider […]
CES 2021: QBlox wins Innovation Award
CES 2021: QBlox wins Innovation Award
The Dutch startup Qblox wins CES 2021 Innovation Award honoree for its qubit control hardware – the Cluster series and announces it secures $6Mn in seed funding from the European Innovation Council – Horizon 2020. […]
ColdQuanta and ParityQC work on QAOA optimization problems
Solving industry-relevant problems using a quantum algorithm faster than any classical computer is considered the grand challenge of quantum computing. ColdQuanta, a developer of cold atom quantum technology, has joined forces with ParityQC, an Austrian […]
Record seed round for Phasecraft
Phasecraft has just announced a £3.7m seed funding round, the largest for a UK quantum computing company. Phasecraft previously raised a £750,000 pre-seed round led by UCL Technology Fund with Parkwalk Advisors and London Co-investment Fund and […]
Hybrid Quantum investment optimization with minimal holding period
Spain has become surprisingly the European center of quantum research in finance, thanks to its universities, startups and smart innovation teams in local banks. A team at Multiverse Computing and Bankia, a Spanish financial organization […]
