$60 Million Series B Investment Secured by Quantum Circuits


$60 Million Series B Investment Secured by Quantum Circuits

📅 - Photo: Co-founder and Chief Scientist Rob Schoelkopf (left) with CEO and President Ray Smets.

A final Series B investment round totaling over $60 million has been secured by Quantum Circuits, giving the company more funding as it gets ready to launch its quantum systems with an industry first: error detection integrated into a more potent qubit for higher-fidelity, scalable computing. ARCH Venture Partners, F-Prime Capital, Sequoia Capital, and Hither Creek Ventures are leading the investment. Canaan Partners, Fitz Gate Ventures, In-Q-Tel (IQT), Osage University Partners, Connecticut Innovations, Tao Capital Partners, and Tribeca Venture Partners are among the other investors in the [...][... Check source for end of article ...]
Tags: Quantum Computing

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