General Technology | Quantum Companies

University of Sussex Adopting the Quantum path

The University of Sussex has announced that it will join the quantum race. It will make Universal Quantum it’s latest spin-out company, giving them a solid foothold in the industry. The tech company is led by quantum computing experts and native scientists Prof. Winfried Hensinger and Dr. Sebastian Weidt. Building the world’s first large-scale quantum computer is the goal in Universal Quantum’s sights.

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Orquestra Zapata
General Technology | Quantum Companies

Zapata announces $38 million Series B funding to further efforts on commercializing quantum computing technologies and applications

Zapata Computing Inc. today announced that it has raised $38 million in Series B funding, up to a total of $64 million. This round was led by Comcast Ventures, Pintango, and Prelude Ventures. Other Series A investors were also involved. These include BASP Venture Capital, Robert Bosch Venture Capital, and The Engine Accelerator Fund. New investors that joined for the first time are Ahren Innovation Capital, Alumni Ventures Group, Honeywell Venture Capital, ITOCHU Corporation, and Merck Global Health Innovation Fund. The investors all have faith in Zapata’s promise to bolster efforts to commercialize quantum computing. Zapata also shows how much it has progressed since last year’s Series A funding.

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Articles on Quantum Computing | Quantum Companies

Intel Stock craters again, but could the company be the best value Quantum Computing play?

The last earnings review for Intel was not kind. The sale of its memory business contributed to a massive decline of around 11% in its share price. Seemingly out-smarted by the the likes of AMD and NVIDIA, the chip maker seems to have fallen foul of Wall Street. But could the company which is the only chip maker that conducts research in Quantum Computing be one of the most under-valued ‘Quantum’ companies?

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Quantum Companies

Nu Quantum raises £2.1 million to help commercialise proprietary quantum photonics hardware

Nu Quantum, a quantum photonics company, managed to raise £2.1 million in seed funding when Amadeus Capital Partners led an investment round. Four other companies, Ahren Innovation Capital, IQ Capital, Cambridge Enterprise, and Martlet Capital, also invested in Nu Quantum following the latter’s pre-seed investment round last September. Seraphim Capital is a newcomer to investing […]

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Quantum Companies

NExt ApplicationS of Quantum Computing (NEASQC) project brings twelve companies and institutions to develop NISQ computing

The NExt ApplicationS of Quantum Computing (NEASQC) project in France will bring together a large group of experts from different industries and fields. These include experts in quantum computing, high-performance computing, AI, chemistry, and energy management. NEASQC intends to show that while completely fault-tolerant quantum computing with millions of qubits is still not available today, there remain practical uses for the NISQ (Noisy Intermediate- Scale Quantum) systems that will be available soon. NISQ computing has some advantages when running select applications, which can bring significant benefits to users such as those in industries.

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