The Joint Center for Quantum Information and Computer Science (QuICS)—a research powerhouse focused on quantum computation, quantum communication and quantum cryptography—recently received a renewal of federal funding from the National Institute of Standards and Technology (NIST).
Quantum algorithms that speed up banking operations 100x are here Forget what Goldman Sachs said about useful quantum computing being five years away in finance. Banks
The SPIE Optics and Photonics Champion Academy will build an expanding group of leaders in research, advocacy, mentorship, and science communication.
Koch Disruptive Technologies, Covestro co-lead round to support growing demand for Forge quantum computing cloud service, as Fortune 1000 prepare for emerging quantum computing disruption
NSF advances 10 quantum technology and artificial intelligence Innovation solution teams to the next phase of the Convergence Accelerator program The U.S. National Science Foundation
As part of a nationwide initiative to boost research in quantum science, the National Science Foundation will establish a $25 million institute in Chicago to investigate quantum sensing for biology and train the quantum workforce. Headquartered at the University of Chicago and in partnership with Chicago State University, the University of Illinois at Chicago and Harvard University, the institute will be funded for five years.
Quantum Brilliance received $9.7M in seed investment led by Main Sequence and founders of QxBranch, joined by CP Ventures, Investible, Jelix Ventures, MA Financial, R3I Ventures, and Ultratech Capital Partners. The startup uses synthetic diamonds to build quantum accelerators that do not require near absolute zero temperature or complex laser systems to operate with the goal of providing quantum accelerators the size of a lunchbox with over 50 qubits by 2025. Quantum Brilliance’s first product, a 5-qubit server rack-sized quantum accelerator, is now commercially available. It also offers a full stack of software and application tools. Based in Canberra, Australia, it was founded in 2019 as a spin-out from the Australian National University.
With “Profilbildung 2020”, the NRW Ministry of Culture and Science (MKW) provides scope for the development of forward-looking research topics and the sustainable increase in the competitiveness of the respective institutions. To this end, it provides around one million euros in funding per project every year. Building on existing strengths, potential areas are to be expanded that contribute to the further development of research profiles. The University of Paderborn has now successfully prevailed with an application for the potential area “Photonic Quantum Computing”. In it, scientists pursue an interdisciplinary approach to the realization of a photonic quantum computer. In the future, all steps from basic research to new quantum algorithms to the modeling of large, complex quantum systems and the realization of photonic quantum networks for corresponding computing applications will be combined at one location. The project also aims to train a new generation of excellent researchers in the field of quantum computing, taking into account gender equality. With the profile area, Paderborn is to establish itself as an internationally visible center for photonic quantum technologies.
Quantum technology – how do the opportunities stack up? Read More… + In the next 20 years, quantum is set to significantly improve reliability, speed,
Quantum computing… PsiQuantum raised $450.0M in Series D funding led by BlackRock and joined by Baillie Gifford, M12, Blackbird Ventures, and Temasek. With the goal of providing a fault tolerant quantum computer of at least 1 million qubits, the startup is building an entire quantum computing stack, from the photonic and electronic chips, through packaging and control electronics, cryogenic systems, quantum architecture and fault tolerance, to quantum applications. Alongside GlobalFoundries, PsiQuantum has begun manufacturing of the silicon photonic and electronic chips that will form the basis of its Q1 system. Founded in 2016 and based in Palo Alto, Calif., it has raised $665M to date.
Atom Computing drew $15.0M in Series A investment from Innovation Endeavors, Prelude Ventures, and Venrock. The startup’s focus is nuclear-spin qubits based on an alkaline earth element. Atom Computing also debuted its first system, which traps 100 atoms in a vacuum chamber with optical tweezers and rearranges and manipulates their quantum states with lasers. Based in Berkeley, Calif., and founded in 2018, it has raised $20M to date.
Q-CTRL received a $3.5M grant from the Australian government’s Modern Manufacturing Initiative. Q-CTRL has developed quantum-based gravity and magnetic field sensors that can detect and measure extremely small signals. The funding will be applied to the development of quantum hardware for measuring Earth’s magnetic field from small-form satellites. The startup also provides quantum control software. Based in Sydney, Australia, it was founded in 2017.
QuantWare drew €1.2M (~$1.4M) in a pre-seed round from FORWARD.one Venture Capital, Quantum Delta, Rabobank, and UNIIQ. It also announced its first commercially-available superconducting processor for quantum computers. The 5-qubit QPU is targeted at research institutions and universities, and the company said it has 99.9% single-qubit gate fidelities for manageable error rates. The startup is also developing a low-noise traveling wave parametric amplifier and plans to use the funding for hiring and pushing to processors with more qubits. Founded in 2020, it is based in Delft, the Netherlands.
