Quantum Computing Inc. (QUBT) is under scrutiny for allegedly overstating quantum capabilities and business deals. Social sentiments label it “rampant fraud,” while multiple law firms pursue legal action. The stock has dropped sharply from its 2024 high, leaving investors on edge.
QuEra Computing announces over $230 million in new financing for fault-tolerant quantum computers. Investors include Google and SoftBank Vision Fund 2, reinforcing commercial trust in neutral-atom technology. QuEra plans to expand hiring, boost production, and broaden partnerships across research, industry, and government.
Organizations worldwide boost quantum research. QDNL invests €60M in early-stage ventures, while a QuEra survey indicates market readiness. Bangladesh views quantum as vital for security, and Zenatech addresses hurricane costs with drone methods. Rackspace and AWS focus on cloud-based efforts, as RTX examines specialized hardware for defense.
Quanscient, a Finnish tech company, has raised €5.2M to advance its cloud-based multiphysics simulation platform. The funding supports their mission to deliver faster and more efficient simulations for industries such as fusion energy, semiconductors, and aerospace.
Dynex has announced a 10-year plan to transition from GPU emulation to silicon quantum chips, aiming for 25% market share by 2034. The strategy includes the launch of the Apollo Silicon Quantum Chip in 2025, scaling to 1 million qubits over the decade. A $50 million venture capital round will support the company’s growth and partnerships across industries.
Interlune received a $365,000 grant from the U.S. Department of Energy to develop energy-efficient technology for separating Helium-3 from domestic supplies, helping meet the growing demand in quantum computing, border security, and fusion energy.
Kipu Quantum raises €10.5M for instant-use quantum algorithms. Breakthroughs in protein folding attract investors, advancing practical quantum computing solutions across industries.
The Quantum Application Lab (QAL) recently secured a substantial € 1.2M grant from the municipality of Amsterdam. Dubbed the “Subsidie Economische Structuur en Arbeidsmarktversterking” or SESA, this grant represents a crucial step for QAL.
It is like any technological revolution, those who can board the train when it is accelerating will gain an advantage. Maintaining Israel’s global status as a “Startup Nation” also requires being a leading and significant player in this field..
Oxford Ionics raised £30 million in Series A funding from some of the world’s leading quantum and tech investors. Leading the round were Oxford Science Enterprises and Braavos Investment Advisers.
