Startup Funding for August 2020

Startup Funding: August 2020

Selected notes ~

+  Quantum computer builder Rigetti Computing raised $79.0M in Series C funding led by Bessemer Venture Partners and joined by Franklin Templeton, Alumni Ventures Group, Data Collective DCVC, EDBI, Morpheus Ventures, and Northgate Capital. Rigetti designs and fabricates quantum systems using its dedicated fab. 

+  Quantum Brilliance raised AU$1.6M (~$1.2M) in seed funding from CP Ventures for its diamond-based quantum microprocessors that can operate at room temperature. Based in Canberra, Australia, and founded in 2019 as a spin-out from the Australian National University, Quantum Brilliance recently teamed up with the Pawsey Supercomputing Centre on a quantum innovation hub.

Source:  SEMICONDUCTOR ENGINEERING.  Jesse Allen,  Startup Funding: August 2020…

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