December 22, 2024

Psiquantum raises a $230M funding record

Psiquantum has raised $230 million which would be one of the biggest investments to date in Quantum Computing. 

Psiquantum was developed at the University of Bristol’s Centre for Quantum Photonics headed by Jeremy O’Brien who closely cooperated with Terry Rudolph, a former Imperial College London Professor, when working on the start-up. The goal of the startup is to create a viable quantum computer in the next five years. (The Telegraph)