Business & Industry
Atlantic Quantum Raises $9M to Build Scalable, Fault-Tolerant Superconducting Quantum Computers
Atlantic Quantum, a developer of scalable quantum computers, announced a $9 million seed investment led by The Engine, the venture firm spun out of MIT that invests in early-stage Tough Tech companies.
Oxford Science Enterprises Pulls in $300,000,000
Oxford Science Enterprises (OSE), the independent investment company created to found, fund and build transformational businesses via its unique partnership with the University of Oxford, announced it has raised a further £250 million ($300 million) in funding.
D-Wave and Mastercard Engage in Strategic Alliance to Champion Quantum Computing Solutions
Mastercard and D-Wave will collaborate on the research and development of quantum-hybrid applications in areas such as consumer loyalty and rewards, cross-border settlement, and fraud management.
Israel Innovation Authority Hands Quantum Machines $29M to Establish Center for Quantum Computing
Israel is setting up the world’s first research and development center of its kind for quantum computing.
India ~ and D-Wave ~ Has an Appetite for Quantum Tech
How much progress has D-Wave made with its Leap quantum cloud service? Can you share some adoption numbers for India?
McKinsey & Co. Promulgate The Quantum Technology Monitor for June 2022
New document from McKinsey & Company provides overview of global quantum technology ecosystem aiming at bi-annual issuance.
5 Startups Selected by First Accelerator Exclusively for Quantum Computers in U.S.
Duality is a first-of-its-kind accelerator aimed at supporting next-generation startups focused on quantum science and technology.
On the Defense: Aussie Quantum Star Simmons Defends ‘Breakthrough’ Despite Rivals’ Doubts
Based on the SQC’s announcement, the news was widely hailed as a breakthrough putting Australia at the forefront of quantum computing. However, several experts expressed criticism of this to The Financial Review, observing that quantum simulation is a very different field from quantum computing.
Are Quantum Tech Companies Immune from a Recession? Doug Finke, Russ Fein Give Their Take…
Is quantum tech immune to the broader economic decline?