Quantum Machines raises $17.5 million

Quantum Machines (QM), an Israeli startup, funded with $5.5 million by Battery Ventures and TLV Partners, has just announced that it has raised $17.5 million more in venture capital. Israeli entrepreneur Avigdor Willenz and venture […]

Baden-Württemberg as a strategic quantum research location

(updated on May 14th) In order to strategically position Baden-Württemberg as a research location in this forward-looking area, leading research institutions and institutes have joined together to form a nationwide network. The competence network “Quantum […]

Rigetti Computing has raised over $71M in new funding

Quantum computing company Rigetti Computing is on the fundraising trail, according to an SEC filing submitted by the company on Friday. According to the filing, the company has raised a little over $71 million of a round aiming to […]

Zapata Computing announces investment from Honeywell Ventures

Zapata Computing, an enterprise software company for quantum applications, today announced a strategic investment from Honeywell Ventures, the venture capital arm of Honeywell. The investment will fuel continued enhancements to Zapata Computing’s platform and increase its […]

D-Wave announces the release of Leap2

D-Wave Systems announced the immediate availability of Leap 2, a quantum cloud service designed to build and deploy real-world hybrid quantum applications. In addition to live, real-time access to the D-Wave quantum system, the offering expands […]

QuintessenceLabs secures funding from In-Q-Tel

Australian-based QuintessenceLabs, a company providing quantum-cybersecurity solutions, announced today that it secured an investment from In-Q-Tel, Inc. (IQT), the non-profit strategic investor that accelerates the development and delivery of cutting-edge technologies to the national security […]

Scotiabank explores quantum-safe encryption

Scotiabank in Canada has begun to explore the migration to encryption methods that can keep out the hackers. The bank is already thinking about the implications for data security and moving to quantum-safe encryption methods. […]

IBM invests in Cambridge Quantum Computing

Cambridge Quantum Computing (CQC) announced today that IBM has become a strategic investor in the company. The investment comes after years of collaboration between CQC and IBM’s quantum computing team. “CQC was one of the […]

The programmable QCCD quantum computing system.

New kids on the Quantum blocks…

Which companies are working the hardest with the most patent applications and has there been an increase in interest over the years? RS Components analyzed over 5,000 patent applications to find out.  Patenting activities in […]

Toshiba uses quantum cryptography to send genome data

Toshiba and Tohoku University have achieved what they call the world’s first use of quantum cryptography to transmit genome sequence data. The information, collected from 24 people in a Toshiba-Tohoku project, was transmitted roughly 7 km over […]