Qolab Secures Over $16 Million in Series A Financing
Qolab, Inc., a pioneering company in superconducting quantum computing, has successfully raised over $16 million in Series A financing.
SandboxAQ Secures $300M to Scale Large Quantitative Models
SandboxAQ has announced a significant funding round of over $300 million from prominent investors including Fred Alger Management, T. Rowe Price Associates, Mumtalakat, and notable individuals like Eric Schmidt, Marc Benioff and Yann LeCun. The […]
Maryland Aims to Become Global Quantum Hub with $1B IonQ Partnership
IonQ, a leading quantum computing company, has announced a major partnership with the University of Maryland and the State of Maryland to establish the region as the “Capital of Quantum.” This landmark initiative aims to […]
Quantum register reaches 1200 neutral atoms in continuous operation
A team of researchers from the Munich Quantum Valley, led by the Max Planck Institute of Quantum Optics in collaboration with the quantum computing start-up planqc, has succeeded in running a register of 1200 atoms continuously for over an hour.
Delta g raises £1.5m to build gravity gradiometry platform
A new University of Birmingham spinout, Delta g, has raised £1.5 million in its pre-seed investment round to fast-track the commercial availability of its ground-breaking quantum technology gravity sensors for mapping the underground space. The […]
Toyota Tsusho Partners With Quantum Machines
Quantum Machines, provider of quantum control solutions , and Toyota Tsusho Corporation (Toyota Tsusho), a member of the Toyota Group, have announced a partnership to offer Japanese customers cutting edge quantum technologies. The partnership will […]
ORCA Computing: a new Quantum Computer in the UK
ORCA Computing is working with the UK Ministry of Defence (MoD) to develop future data processing capabilities. In a year-long programme of activity, MoD will use ORCA’s PT-1 model, the first computer of its kind […]
Largest quantum photonic processor to date
Researchers working in the EU-funded PHOQUSING project are developing a hybrid computational system based on cutting-edge integrated photonics that combines classical and quantum processes. Project partner QuiX Quantum in the Netherlands has created the largest […]
Covestro and QC Ware develop quantum algorithms for materials R&D
Covestro, one of the world’s leading polymer companies, and QC Ware have announced the signing of a five-year collaboration agreement. The objective of the collaboration is to help prepare Covestro to fully deploy quantum algorithms for the discovery of new materials […]
Qunnect aims to Quantum Repeater Commercialization
Qunnect was awarded two SBIR awards from the US Department of Energy totaling $1.85M for the development and commercialization of the company’s Quantum Repeater product suite. When complete, this collection of devices supports the next generation […]
QC Ware and Itaú Unibanco collaboration
Itaú Unibanco, the largest bank in Latin America, and QC Ware, a leading quantum software and services company, today announced the first results of a collaboration that is exploring quantum computing algorithms for the banking […]
ARTEMIS: a new European research project to develop Neural Networks for Quantum Error Correction
Quantum Machines, Alice&Bob and European quantum computing research groups led by Prof. Benjamin Huard from the Ecole Normale Supérieure de Lyon and Prof. Florian Marquardt of the Max Planck Institute for the Science of Light, has […]
Terra Quantum extends Series A funding round to $75M
Terra Quantum AG announces that it has extended its Series A funding round to $75m, as well as its research offering a ground-breaking solution to the longstanding challenge of efficient power devices for nanoelectronics. Terra Quantum […]
Q-CTRL partners with Paul Scherrer Institute to support the scale-up of Quantum Computers
Q-CTRL has announced a partnership with The Paul Scherrer Institute (PSI), Switzerland’s largest research institute for natural and engineering sciences, to pioneer R&D in the scale-up of quantum computers. The strategic partnership will leverage Q-CTRL […]
Quantum Machines acquires QDevil to provide Full-Stack Orchestration Platform
Quantum Machines (QM) announced its acquisition of Danish Quantum Computing leader QDevil. The addition of QDevil’s industry-leading products and unique expertise compliments QM’s goals from both a hardware and software perspective and reinforces QM’s position as […]
QunaSys raises $10M in its Series B funding
QunaSys, a startup developing innovative algorithms in chemistry, has announced that it has raised $10 million in its series B funding stage the led by JIC Venture Growth Investments (“VGI”), with participation from ANRI, Fujitsu […]
CEA and Startup C12 join forces to develop next-generation Quantum Computers
CEA, a French key player in research, development and innovation, and C12 Quantum Electronics, a startup focused on developing the next-generation of quantum computers using carbon nanotubes, today announced a partnership to produce the first […]
Quantum Machines announces new hardware to eliminate need for RF engineering
Quantum Machines (QM) announced the availability of the company’s all-in-one RF up/down-conversion module: Octave. The addition of Octave to the OPX offering creates an end-to-end solution for quantum control that can scale alongside the users’ demand. The […]
Quside announces a quantum entropy source for cybersecurity and computation
Quside, a spin-off of ICFO (Institute of Photonic Sciences) in Barcelona, Spain, has announced availability of its new chip-based quantum entropy source technology, the QN 100, for ultrafast and high-quality random number generation. The new QN […]
Rigetti reports entangling gate fidelities as high as 99.5%
Rigetti has announced it has achieved entangling gate fidelities as high as 99.5% on its next-generation chip architecture. Today’s quantum computers are prone to errors, which limit the size and complexity of problems that can […]
Classiq announces $33M in new funding
Classiq, which provides a platform for Quantum Algorithm Design, today announced that it has raised $33 million in a Series B round, following its Series A of $10.5M in 2021. This new round brings Classiq’s […]
Rigetti and Zapata Collaboration on Compilation Stack
Rigetti and Zapata Computing announced a new phase in their long-standing partnership: the companies are developing an industry-first compilation toolchain explicitly designed for hybrid quantum-classical algorithms. As part of the work, Zapata will integrate Orquestra, […]
Nord Quantique Secures CAD $9.5 Million
Nord Quantique, a Sherbrooke-based Canadian Quantum Computing technology start-up, announced it has closed CAD $9.5 Million seed funding. Nord Quantique develops technology using superconducting qubits to solve challenges within current quantum processors. Co-leading this seed investment is BDC Capital’s […]
Agnostiq releases a Workflow Orchestration Platform for Quantum and HPC
Agnostiq, a Quantum Computing SaaS startup located in Toronto, announced the release of Covalent, an open-source workflow orchestration platform designed specifically for quantum computing and HPC technologies. Covalent aims to make quantum and high performance computing resources […]
PQShield raises $20 million Series A
PQShield, a cybersecurity company specializing in post-quantum cryptography, has today announced $20 million in series A funding. The operation has been led by Addition, the venture firm founded by Lee Fixel, with participation from existing […]