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Nu Quantum Raises $60M Series A in Largest Financing Round for Quantum Computer Networking
Nu Quantum , building the quantum networking technology to scale quantum computers, led by Dr. Carmen Palacios-Berraquero, Dr. Claire Le Gall, Ed Wood, Danny Garden, Amii Shepperson, Sam Funnell, and Jonathan Cumming, has secured $60 million in Series A funding round led by National Grid Partners , including participation from Gresham House Ventures and Morpheus Ventures , and continued support from existing investors Amadeus Capital Partners , IQ Capital , Ahren Capital , C
Karan Bhatia
Dec 10, 20252 min read


How Quantum Dice is Advancing Probabilistic Computing.
Quantum Dice , harnessing the quantum properties of light to solve some of today's most critical computational challenges, led by Dr Ramy Shelbaya, Dr Marko von der Leyen, and Dr Zhanet Zaharieva, secured a €2 Million grant from the European Innovation Council (EIC) Accelerator programme, with the project now officially underway following its October kick-off. Quantum Dice, one of only 40 deep-tech start-ups across Europe, and among just three from the UK, was selected from
Karan Bhatia
Dec 10, 20252 min read


IQM to Invest over €40 Million to Expand Finland Production Facility, Accelerate Innovation and Fuel Growth
IQM , a global leader in building superconducting quantum computers, led by Dr. Jan Goetz, Dr. Mikko Välimäki, Dr. Juha Vartiainen, Sylwia Barthel de Weydenthal, Jan Kuerschner, and others, announced an over €40 million investment to expand its state-of-the-art production facility in Finland. The expansion will accelerate the development, fabrication, and testing of advanced quantum processing units, as well as the assembly of full quantum computers, laying the foundation fo
Karan Bhatia
Nov 28, 20252 min read


Swiss-based YQuantum is Building the Scalable Quantum Hardware
YQuantum , a Swiss startup developing innovative hardware components, unleashing the full potential of quantum computing, led by Dr. Christian Jünger, Dr. Johannes Herrmann, and Prof. Christian Schönenberger, has secured €161,000 (CHF 150,000) from Venture Kick . YQuantum develops compact, high-performance cryogenic hardware to enhance the scalability of quantum systems. Its technology supports high-fidelity superconducting and spin-qubit operations, enabling larger and mor
Karan Bhatia
Nov 10, 20251 min read


LuxQuanta is Accelerating the Global Deployment of Quantum-Safe Cybersecurity Solutions
LuxQuanta , enabling a new age of security in telecommunications with Quantum Key Distribution (QKD) systems, led by Vanesa Diaz, Ernest López, Dr. Sebastian Etcheverry, and others, has secured €8 million Series A funding round. Led by Big Sur Ventures , and with support of A&G as the main investor, the round also includes new investors GMV , Wayra , and the EIC Fund , alongside renewed commitments from existing investors Corning and GTD . The funding marks LuxQuanta’
Karan Bhatia
Oct 16, 20252 min read


Siri's Natural Language Engine's Developer Raises €2 Million for SiC Systems
SiC Systems , developer of Industrial Agentic AI, led by Christopher Savoie and Christopher Brown, has secured €2 million led by Dutch quantum investment fund QDNL Participations , with additional backing from Propagator Ventures , Plug and Play , and Wavepeak Ventures. The company is a spinout from the Technical University of Denmark (DTU). SiC Systems develops intelligent, adaptive AI agents designed to orchestrate complex physical systems in real time. Its proprietary
Karan Bhatia
Oct 15, 20251 min read


How Isentroniq is Breaking the Wiring Bottleneck and Unlocking Large-Scale Quantum Computing
Isentroniq , enabling quantum computing at scale through cutting-edge wiring solutions for solid-state quantum computers, led by Paul Magnard and Théodore Amar , has secured a €7.5 million funding round led by Heartcore with participation from OVNI Capital, Kima Ventures, iXcore, Better Angle, Epsilon VC, as well as the support from Bpifrance and the French National Research Agency (ANR) under the France 2030 program. The funding will help the company advance its breakthrou
Karan Bhatia
Oct 14, 20252 min read


PsiQuantum Raises $1 Billion to Build Million-Qubit Scale Quantum Computers
PsiQuantum , developer of fault-tolerant quantum computers, led by Prof. Jeremy O'Brien, Prof. Terry Rudolph, Dr. Pete Shadbolt, Prof....
Karan Bhatia
Sep 12, 20252 min read


IQM Quantum Computers Raises over $300 Million in Series B Funding
IQM, the Finnish Quantum Computing Company led by Dr. Jan Goetz, Dr. Mikko Välimäki, Dr. Juha Vartiainen, Sylwia Barthel de Weydenthal,...
Karan Bhatia
Sep 4, 20252 min read


Phasecraft to Accelerate the Development of Quantum Algorithms with $34 Million in Series B Funding
Phasecraft , a market leader in quantum IP, led by Toby Cubitt, Ian Hogarth, Ashley Montanaro, and John Morton, has secured $34 million...
Karan Bhatia
Sep 2, 20251 min read


Strangeworks Acquires Quantagonia to Create Global Leader in Applied AI, Optimization, and Quantum Computing
Strangeworks , the leading provider of quantum and high-performance computing software, led by William Hurley, Dylan Miracle, Justin...
Karan Bhatia
Aug 20, 20251 min read


QuamCore Bags $26 Million in Series A to Build the World's First 1-million-qubit Quantum Computer in a Single Cryostat
QuamCore , an Israeli Quantum Computing company, led by Alon Cohen(CEO), Prof. Shay Hacohen-Gourgy(CTO), Prof. Serge Rosenblum(Chief...
Karan Bhatia
Aug 5, 20251 min read


Universal Quantum and TUHH Partner on Scalable Quantum Software for 100,000-Qubit Machines
Universal Quantum , the developer of a scalable trapped ion quantum computer with millions of qubits, led by Sebastian Weidt(Co-Founder...
Karan Bhatia
Jul 17, 20251 min read


Indian Quantum Computing Startup QpiAI Secures $32 Million to Integrate AI and Quantum Computing for Enterprise Solutions
Led by Dr. Nagendra Nagaraja, PhD(Founder, CEO and Chairman of Board), Dr. Manjunath R V, PhD(VP of Quantum Hardware and Research),...
Karan Bhatia
Jul 17, 20251 min read


Quantum Computing Error Resilience Software Developer Qedma Raises $26 Million, Brings in IBM as a Partner
Led by Physics and Computer Science titans Asif Sinay(Chief Executive Officer and Co-founder), Dorit Aharonov(Chief Scientific Officer...
Karan Bhatia
Jul 4, 20251 min read
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