Startup of the Month: Menhir Photonics

We met Florian Emaury, CEO of Menhir Photonics, in March 2020. Menhir Photonics is a Swiss company developing unique ultrafast lasers and photonics solutions. This young but smart CEO has a nice vision of photonics […]

IonQ attracted a total investment of $84M

IonQ, a quantum computer startup specialized in trapped ions, has just announced that it has raised additional funding as part of its previously announced Series B round. This round extends the company’s funding, including its 2019 $55 […]

PennyLane by Xanadu supports AQT quantum computers

Xanadu and AQT announced that PennyLane, an open-source project from Xanadu for quantum machine learning, automatic differentiation, and optimization, now supports AQT quantum computers. Xanadu develops software for quantum machine learning (QML) and optimization. PennyLane, one […]

IQM Quantum startup takes a total €32M funding

IQM Finland Oy (IQM), a European startup which makes hardware for quantum computers, has raised a €15M equity investment round from the EIC Accelerator program for the development of quantum computers. This is in addition to […]

Alice&Bob raises $3.3 million

The french startup Alice&Bob has raised $3.3 million to create the first fault-tolerant quantum computer. The round has been led by Elaia Partners and Breega. The company is using research that has been developed across a […]

Crypta Labs develops its QRNG for space applications

Crypta Labs, a startup specialist in Quantum Random Number Generator (QRNG) technology, has signed up to the national SPRINT (SPace Research and Innovation Network for Technology) business support programme to develop its QRNGs for space […]

Rahko announces Merck collaboration

Rahko, a London-based startup, has just announced a new 3-year collaboration with the science and technology company Merck.  The collaboration is focused on exploring and leveraging the potential for quantum inspired machine learning to enable […]

Quantum Motion Technologies gets £8.0 million funding

Quantum Motion Technologies has just announced it has completed a £8.0 million Series A round of investment. The company,  a UK-based quantum computing company based at UCL and Oxford University, develops a fault tolerant quantum […]

Entropica Labs raises S$2.6m in seed

Entropica Labs, a Singapore-based startup that builds quantum computing software solutions, has raised S$2.6 million in seed funding led by deep tech investor Elev8. Other investors in the round included government-owned deep tech investor SGInnovate, […]

Terra Quantum gets €10M from Lakestar

Lakestar has led a €10 million investment in Terra Quantum, valuing the Swiss startup at around €50 million. Terra Quantum is developing a hybrid quantum algorithm for solving a linear system of equations in quantum computing, helping […]

ColdQuanta awarded contract of up to $7.4M from DARPA

ColdQuanta has been selected by the Defense Advanced Research Projects Agency (DARPA) to develop a scalable, cold-atom-based quantum computing hardware and software platform that can demonstrate quantum advantage on real-world problems. The award is valued […]

Qunnect receives $1.5M award from the US Department of Energy

Qunnect, a deep tech company committed to globalizing Quantum Communications, received a $1.5M Phase-II Small Business Innovation Research award from the US Department of Energy.  Qunnect is developing a device suite to enable ultra-secure, long-distance quantum communications. […]

Q-CTRL announces strategic investment by In-Q-Tel

Q-CTRL, a startup that applies the principles of control engineering to accelerate the development of quantum technology, today announced a strategic investment by In-Q-Tel (IQT), the not-for-profit strategic investor that identifies innovative technology solutions to support […]

Seeqc raises $5M to develop a hybrid quantum computer

New York-based quantum computing startup Seeqc Inc. said it has closed on a $5 million round of funding from M Ventures, the venture capital arm of German pharmaceutical giant Merck & Co. Inc. The M Ventures funding follows […]

PsiQuantum has raised $215 million

PsiQuantum, a 5-year-old startup based in Palo Alto, building a scalable, fault tolerant, silicon photonic quantum computer, has just raised $215 million, as we announced yesterday. The startup aims to build a computer with 1 […]

CQC unveils Quantum Natural Language Processing

Cambridge Quantum Computing (CQC) announces that they’ve used the “natively quantum” structure of natural language to open up an entirely new realm of possible applications by translating grammatical sentences into quantum circuits, and then implementing […]

PsiQuantum to the Microsoft M12 portfolio

 PsiQuantum, a startup building a scalable, fault tolerant, silicon photonic quantum computer, joins the M12 portfolio. M12 is the Microsoft’s venture fund. PsiQuantum’s approach is different from Microsoft’s efforts in topological qubits (Microsoft’s approach would […]

HQS and AQT startups announce a strategic partnership

HQS Quantum Simulation and Alpine Quantum Technologies (AQT) have announced they have entered a global strategic partnership, combining HQS’s experience in providing software to facilitate the upcoming revolution in computer-aided materials design with AQT’s know-how […]