D-Wave will merge with DPCM Capital, a Special Purpose Acquisition Company (SPAC), in a transaction that will have a pro-forma implied market capitalization of the combined company of about $1.6 billion USD. The pre-money valuation […]
Category: quantumcomputingreport
The two companies are partnering to offer a self-pace online course called Quantum Training for Enterprises that will cover quantum computing basics, challenges and potential impact in the near term. The course is configured as […]
Polaris Quantum Biotech (Polarisqb) is a quantum software company that uses quantum computing and artificial intelligence to process, evaluate and identify drug lead molecules 10,000 times faster than alternative solutions. Allosteric Bioscience is a company […]
In a partnership between the Government of Quebec and IBM, they will set up the Quebec-IBM Discovery Accelerator to develop new projects, collaborations, and build skills, and investigate solutions to problems in critical areas of research such […]
Microsoft has initiated a program to provide $500 of free credits for use of Azure Quantum for each of its partners. The systems currently available are IonQ’s QPU (as well as their free Simulator) and Quantinuum’s H1 QPU […]
Algorithmiq is a company located in Helsinki, Finland that is developing advanced algorithms to solve complex problems in life sciences. They have raised this seed round from investors including Jorma Ollila (Nokia/Shell), Haakon Overli (Dawn Capital), Thames […]
Diagram of a Measurement Based Photonic Quantum Computer. Credit: University of Stuttgart / Stefanie Barz The German Federal Ministry of Education and Research (BMBF) is providing this funding to a project called PhotonQ which will be […]
By Carolyn Mathas Quantum analog creator infinityQ Technology closed a seed-extension round of financing with new investors Hevella Capital, iGlobe Partners and Westcott Investment Group, and participation from existing partners Cato Stonex and Louis Vachon, […]
ColdQuanta has issued a press release that describes its progress in 2021. Key metrics include a 140% growth in bookings and a 70% growth in headcount. In addition, their progress occurred on many fronts including […]
Multiverse Computing has announced a partnership with Xanadu to utilize PennyLane software as a core element for much of its software. PennyLane is a hardware agnostic, open source quantum software platform that provides a dedicated […]
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