Swiss Quantum Investor Club (SQIC) launched
The Swiss Quantum Investor Club (SQIC) connects investors (private persons, VCs, family offices and corporates) and business angels to Swiss early-stage quantum (mainly) and deep tech startups.
QunaSys raises $2.5M in Series A
QunaSys announces the close of a $2.5 million Series A investment from three experienced VCs based in Japan: Global Brain Corporation, Shinsei Corporate Investment and ANRI. The funds will be used to speed-up the R&D […]
ColdQuanta closes a new seed round of $10M
ColdQuanta, a US-based startup, today announced it has closed $10M in additional seed round equity financing from its current investors, Maverick Ventures and Global Frontier Investments. This brings the total investment in the seed round […]
Qnami to reveal its quantum microscope at MRS 2019
At the MRS Fall Meeting & Exhibit in Boston (Dec 2d-5th), Qnami, a Swiss startup located in Basel, will present for the first time the ProteusQ, its quantum microscope for quantitative and non-perturbative analysis of surface magnetic fields. […]
Xanadu gets grant from Darpa to test QML performance
Toronto-based quantum computing startup Xanadu announced today that it has secured a grant from the Defense Advanced Research Projects Agency (DARPA). The startup, which provides both hardware and software-based solutions, says the grant will be used to […]
Cambridge Quantum Computing achieves groundbreaking results in Quantum Chemistry
Cambridge Quantum Computing (CQC) today announced an important breakthrough in quantum chemistry that will enhance and accelerate the commercialisation of quantum computing in an essential area of human endeavor: the search for new materials in […]
Atos partners with Zapata Computing
Atos and US-based Zapata Computing, a startup company for quantum applications, announced a global partnership to deliver an end-to-end quantum computing solution that combines Zapata’s software platform Orquestra™ with the Atos Quantum Learning Machine (QLM) to […]
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 […]
Qnami closes 2.6M CHF seed round
Qnami announced today the closing of a 2.6M CHF (2.6M USD) seed round led by Venture Capital fund Quantonation and further supported by investiere, ZKB Start-up Finance and the High Tech Gründerfond.
Qnami helps revealing new candidate for spintronics
In a recent publication in Nature Materials”, a group of French researchers was able to image and understand a novel type of chiral spin-textures occurring on BiFeO3’s domain-walls, which had never been observed before. One […]
McKinsey: Reviving innovation in Europe
McKinsey has just issued an interesting paper about innovation in Europe and propose five paths which could build on its strengths and help the continent regain its competitive edge. Some excerpts: Europe’s startup scene is thriving: […]
Quantastica closes a seed round
Quantastica, the Helsinki-based Finnish startup has just announced the closing of a seed round led by Icebreaker.vc.
Robert Bosch Venture Capital invests in IonQ
Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group, has participated in an extension of the recent funding of IonQ, which comprises a sum of over 55 million US […]
Volkswagen and D-Wave optimize traffic flow with quantum computers
Volkswagen is launching in Lisbon the world’s first pilot project for traffic optimization using a D-Wave quantum computer.
Quantum Benchmark supports development of Google’s world-leading quantum computers
Quantum Benchmark, the leading provider of solutions to characterize and reduce errors in quantum computing, is pleased to announce its partnership with the Google Quantum AI Lab during a milestone moment for quantum computing. This […]
Startups Q-CTRL and Bleximo team up for application-specific quantum computing
Australian quantum computing startup Q-CTRL is putting its software to use, partnering with U.S.-based Bleximo to power that company’s superconducting quantum accelerators.
Calculation of the Green’s function on near-term quantum computers
The Green’s function plays a crucial role to study the nature of quantum many-body systems, especially strongly-correlated systems. Although the development of quantum computers in near term is expected to enable us to compute energy […]
Innovate UK invests £30M in quantum technologies
Innovate UK, as part of UK Research and Innovation, has up to £30 million to invest in projects that remove technological barriers to speeding up the commercialisation of the second generation of quantum technologies. The […]
IonQ Secures $55 Million in Funding to Bring Quantum Computing from the Lab to the Enterprise
Samsung and Mubadala Capital, a Emirati investment fund, are leading a new $55 Million funding round for IonQ, the startup that uses “trapped ions,” or charged particles suspended in a vacuum, as the basis for […]
HQS Quantum Simulations closes €2.3 Million seed financing round
Founded in 2017, HQS provides the software to facilitate the coming revolution in computationally supported new material design. HQS is a spin-off from the Karlsruhe Institute of Technology and provides software for quantum computers. The […]
Nu Quantum builds toward cybersecurity with £650,000 pre-seed round
Nu Quantum, the Cambridge-based quantum photonics company, raised a £650,000 pre-seed investment round led by Amadeus Capital Partners, with support from IQ Capital, Ahren Capital, Cambridge Enterprise and Martlet Capital, the investment arm of Marshall […]
NASA awards $1M to ColdQuanta to accelerate commercial deployment of quantum atomic systems
ColdQuanta has just announced it has been awarded $1M from NASA’s Civilian Commercialization Readiness Pilot Program (CCRPP). The program will enable ColdQuanta to develop significantly smaller cold atom systems with a high level of ruggedness. […]
Rahko raises £1.3M seed from Balderton for quantum machine learning
Rahko, a quantum UK-based startup originating from UCL’s Computer Science programme, supported by Conception X, a venture builder for deep tech startups, has just raised £1.3 million ($1.6 million) in a seed round led by Balderton […]
Entropica releases QAOA package for Rigetti’s Quantum Cloud Service
Entropica Labs, a Singapore-based startup, announces the public release of EntropicaQAOA, a free and open source software package implementing the Quantum Approximate Optimisation Algorithm (QAOA). QAOA is an algorithm designed for near-term quantum computers, and has […]
Samsung has invested $2.7M in Aliro Technologies
We have yet spoken about Aliro Technologies, a startup who wants to create the Java of Quantum Computing. With a group of investors including Flybridge Capital Partners, Samsung Next has just announced they have invested […]