Equal1, a startup developing silicon based quantum processors based in Dublin, Ireland and Fremont, California, has received a multimillion Euro funding round from venture firm btov Industrial Technologies and previous investors Atlantic Bridge, 808 Ventures […]
At its Qubits 2021 conference today, D-Wave announced its product roadmap including several new items on both the hardware and the software fronts. These include: A performance update to their Advantage quantum annealing system which […]
In addition to the new funding of A$15 million the company is seeking to raise an additional A$5 million ($3.6 million) from existing eligible shareholders who are residents of Australia or New Zealand. The funds […]
A pair of product placement announcements have been recently announced. First Qblox announced that Chalmers University in Sweden has ordered their scalable and readout hardware for use with a new 20 qubit superconducting processor that […]
McKinsey and Company has just published an interesting 45 page report that provides many facts and figures related to quantum technology investments, revenues, comparison of activity by country, adoption by industry sector and others things. […]
We had reported in January about plans of the German state of Bavaria to create a Munich Quantum Valley program and have just announced this first release of funding from the Bavarian State Ministry for […]
The round was led by corporate investors Koch Disruptive Technologies and Covestro who along with Samsung Ventures and Citi all represent strategic corporate investors. D.E. Shaw and Pegasus Tech Ventures also participated in the round. […]
We reported in February that Cambridge Quantum had removed all license restrictions for the TKET Software Development Kit (SDK) so that the software was free for anyone to use. But removing licensing restrictions is not […]
The new program is called the Priority Research Programme and Equipment (PEPR). The research will focus on four topics including robust solid state qubits solid state, cold atoms, quantum algorithms error correction and PQC, and […]
The shareholders of dMY Technology Group III (the “Company” or “dMY III”) have approved the business combination with IonQ with the transaction formally closing on September 30, 2021. The merged company will start trading on […]
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