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.
In February of 2022, Agnostiq released a study providing the present state-of-the-art for solving combinatorial optimization problems on real, noisy gate-model quantum computers. Although the study was primarily focused on the optimization of discrete financial portfolios, the work is much more general with consequences for other industrially important problems including vehicle routing, task scheduling and facility location services.
