Arq secures $1.4M pre-seed for quantum internet technology

Arq, a UK quantum technology startup developing networkinghardware for the quantum internet, has raised $1.4 million in a pre-seedfunding round to accelerate the development of its quantum communicati…

IQM, Europe’s first public quantum company, admits the future of the tech is uncertain

IQM, a full-stack quantum company out of Finland, went public on the Nasdaq today at a valuation of about $1.9 billion.

IQM becomes first European quantum computing company to list on a major US exchange

IQM Quantum Computers today became the first European quantum computing company listed on a major US stock exchange. Based on the transaction proceeds, IQM (Nasdaq: IQMX) maintains a strong pro forma …

OQC, JPMorgan Chase and AMD launch Quantum-AI data centre to explore real-world fintech applications

OQC, JPMorgan Chase, and AMD today announced a research collaboration leveraging a new, dedicated Quantum-AI Data Centre built by OQC in London. JPMorganChase researchers will test near-term quantum…

Oxford Quantum Circuits lands “coming-of-age” £260M funding round

The boss of an Oxford University quantum computing spinout today declared its £260m funding round as a “coming-of-age” moment, indicating that British companies can play a leading role in the field.Ox…

Quobly raises €115M Series A to commercialise silicon quantum computing

Quobly, a French quantum computingcompany developing silicon-based quantum computers, has raised €115 million ina Series A financing round to accelerate the industrialisation of itstechnology and supp…

Microsoft announces Majorana 2 quantum computing chip — claims a practical machine will come in 2029

Microsoft’s Majorana 2 quantum computing chip switches to lead-based materials. Microsoft is accelerating its roadmap and expects a practical machine in 2029.
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IBM spins off America’s first quantum chip foundry with $2 billion in federal and private funding — newly-minted ‘Anderon’ foundry to offer 300mm quantum wafer fab and manufacturing services

Headquartered in Albany, New York, Anderon will operate a 300mm quantum wafer fab and offer its manufacturing services to competing quantum hardware vendors.
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Quanscient lands €10M to advance AI- and quantum-native hardware engineering

Quanscient, a Finnish company focusedon cloud-based multiphysics simulation technology and quantum algorithms, hasraised €10 million in a Series A funding round to support its internationalexpansion a…