memQ Secures $10M Series A to Develop Distributed Quantum Networking Hardware

memQ, a University of Chicago spin-out, has closed a $10 million Series A financing round co-led by Quantonation and Ocean Azul Partners. The funding is allocated toward the development and commercialization of the company’s xQNA (Extensible Quantum Network Architecture) portfolio. The primary technical objective is to enable modular, scale-out configurations for quantum computers, allowing separate […]

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