Mitsubishi Electric and OptQC Expand Strategic Partnership Amid JPY 7B ($47M USD) Series A2 and Tokyo R&D Expansion

Mitsubishi Electric and OptQC are expanding their strategic partnership through investments and R&D collaborations. OptQC secured JPY 7 billion in Series A2 funding, bringing its total funding to over JPY 20 billion, which will support the development of a 10,000-qubit optical processor and a new Tokyo R&D facility. Mitsubishi Electric, through its ME Innovation Fund, participated in OptQC’s funding round and is also leading two national quantum hardware control projects.

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