Startup Funding for November 2020
Startup Funding: November 2020 Key points… + Quantum computer builder IQM drew €39M (~$46.1M) in Series A funding; the startup focuses on superconducting quantum processors and the co-design of application-specific quantum hardware. IQM was recently chosen by the Finnish government to help build a five-qubit quantum computer within a year, leading to a 50-qubit device […]
QCI and Meraglim Join Forces to Deliver Capital Markets Risk Analysis Powered by QCI’s Mukai Quantum Computing Software
QCI and Meraglim Join Forces to Deliver Capital Markets Risk Analysis Powered by QCI’s Mukai Quantum Computing Software LEESBURG, Va., Dec. 01, 2020 (GLOBE NEWSWIRE) — Quantum Computing Inc. (OTCQB: QUBT) (QCI), the technology leader in quantum-ready software development and execution, and the only public pure play in quantum computing, has partnered with Meraglim Holdings Corporation to deliver advanced capital market […]
Mphasis Takes Deep Dive Into Quantum Computing Announcing New Quantum Computing Framework and Services
Mphasis Announces Quantum Computing Framework and Consulting Services Mphasis (NSE: MPHASIS), an Information Technology (IT) solutions provider specializing in cloud and cognitive services, today announced the launch of its Quantum Computing framework powered Consulting and Quantum Algorithm development services. Mphasis helps enterprises leverage the power of Quantum Computing in solving complex business problems in areas such as Machine Learning, Optimization […]
IBM Cloud Delivers Quantum-Safe Cryptography and Hyper Protect Crypto Services to Help Protect Data in the Hybrid Era
IBM Cloud Delivers Quantum-Safe Cryptography and Hyper Protect Crypto Services to Help Protect Data in the Hybrid Era IBM (NYSE: IBM) today announced a series of cloud services and technologies designed to help clients maintain the highest available level of cryptographic key encryption protection to help protect existing data in the cloud1 and prepare for future threats that could […]
M Squared Pulls in (5.70087712549569)^2 Million £s in New Funding
M SQUARED ANNOUNCES £32.5M IN NEW FINANCING TO ACCELERATE GROWTH AND ADVANCE QUANTUM TECHNOLOGIES M Squared, the photonics and quantum technology developer, [last week announced] a significant new financing of £32.5m as it expands its backers to support its growth and technology developments. Santander UK will be providing a £20m debt facility, allowing M Squared’s […]
Roger Grimes: ‘I Predict That Someone Will… Have Used a Quantum Computer to Break a Traditional Asymmetric Key Cipher’
6 experts share quantum computing predictions for 2021 Read More… + [M]ultiple experts said 2021 will see more companies look for specific use cases that can be leveraged sometime in the next decade, as quantum computers improve and the number of qubits available continues to grow. More companies will look for specific use cases that […]
Stocks That are Fueling Quantum Computing: Here’s 4 of Them
Take it at your own risk, this piece discusses stock investments in quantum computing companies. Of course, none of them are startups and all of them are megacorps. Makes for food for thought as the world pre-maturely moves toward quantum computing commercialization. But, anyhow, we digress. Because Quantum is Coming. Qubit. 4 Quantum Computing Stocks […]
ITOCHU to Support Zapata Expansion in Japan
ITOCHU Announces Investment in Zapata Computing, Developer of Software for Quantum Computers ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announces today [November 19, 2020] that it has invested in Zapata Computing, Inc. (headquartered in Boston, USA; CEO & Co-Founder: Christopher J. Savoie; hereinafter “Zapata”), a company that develops software […]
South Korea and Swiss Firm Complete Secure Power Communication Network Using Quantum Key Distribution
ID Quantique and Korea Electric Power Research Institute (KEPCO) announce they have completed the construction of the first power communication network secured by quantum cryptography in Korea ID Quantique and Korea Electric Power Research Institute (KEPCO) announce they have completed the construction of the first power communication network secured by quantum cryptography in Korea ID […]
New Opportunities Open up as Finland’s VTT & IQM Pen Agreement to Build Quantum Computer, Finland’s First Ever
Finland selects IQM to build its first quantum computer; to deliver a 50-qubit machine by 2024. VTT and IQM have entered into an agreement to establish a co-innovation partnership and begin building Finland’s first quantum computer. The cooperation will bring together top expertise in quantum technologies and enable a leap in Finland’s quantum capabilities. The […]