Quantum Startups News
Xanadu and AQT announced that PennyLane, an open-source project from Xanadu for quantum machine learning, automatic differentiation, and optimization, now supports AQT quantum computers. Xanadu develops software for quantum machine learning (QML) and optimization. PennyLane, one
A new Quantum Computing startup has just emerged out of stealth mode: Universal Quantum, announcing an oversubscribed £3.6 million seed-funding round. The company is set to develop its new quantum computing approach and compete with
IQM Finland Oy (IQM), a European startup which makes hardware for quantum computers, has raised a €15M equity investment round from the EIC Accelerator program for the development of quantum computers. This is in addition to
The french startup Alice&Bob has raised $3.3 million to create the first fault-tolerant quantum computer. The round has been led by Elaia Partners and Breega. The company is using research that has been developed across a
Crypta Labs, a startup specialist in Quantum Random Number Generator (QRNG) technology, has signed up to the national SPRINT (SPace Research and Innovation Network for Technology) business support programme to develop its QRNGs for space
Rahko, a London-based startup, has just announced a new 3-year collaboration with the science and technology company Merck. The collaboration is focused on exploring and leveraging the potential for quantum inspired machine learning to enable
Quantum Motion Technologies has just announced it has completed a £8.0 million Series A round of investment. The company, a UK-based quantum computing company based at UCL and Oxford University, develops a fault tolerant quantum
Entropica Labs, a Singapore-based startup that builds quantum computing software solutions, has raised S$2.6 million in seed funding led by deep tech investor Elev8. Other investors in the round included government-owned deep tech investor SGInnovate,
Lakestar has led a €10 million investment in Terra Quantum, valuing the Swiss startup at around €50 million. Terra Quantum is developing a hybrid quantum algorithm for solving a linear system of equations in quantum computing, helping
Zapata Computing, a startup software company for NISQ-based quantum applications, has just announced an Early Access Program to Orquestra™, its end-to-end platform for quantum-enabled workflows. Providing this software- and hardware-interoperable, enterprise quantum toolset, Orquestra enables advanced
