January 19, 2025

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 […]

Cambridge Quantum Computing Completes $45 Million Financing

Cambridge Quantum Computing (CQC) has successfully completed a $45 million financing from investors including Honeywell Ventures, IBM Ventures, JSR Corporation, Serendipity Capital, Alvarium Investments and Talipot Holdings to further accelerate commercialization and consolidate its leadership position in […]

IonQ’s roadmap up to 2025

IonQ laid out its five-year roadmap for trapped ion quantum computers and plans to achieve broad quantum advantage by 2025. The company plans to deploy rack-mounted modular quantum computers small enough to be networked together […]

Zapata raises $38 million for Quantum Machine Learning

Zapata Computing has raised $38 million for its quantum computing enterprise software platform, which brings its total funding to over $64 million. Based in Boston, Zapata has one product: its hardware-agnostic Orquestra quantum computing platform. Enterprises […]

Finland selects IQM to build its first quantum computer

VTT and IQM have entered into an agreement to establish a co-innovation partnership and begin building Finland’s first Quantum Computer. The cooperation will bring together top expertise in quantum technologies and enable a leap in […]