Quantum Source Secures $50M to Advance Photonic Quantum Computing
📅 - Quantum Source, an Israeli startup developing advanced photonic quantum computing technology, has secured $50 million in a Series A funding round led by Eclipse, with additional participation from Pitango First, Grove Ventures, 10D, and Dell Technologies Capital. This latest investment brings the companys total capital raised to approximately $77 million.
The funds will be used to enhance Quantum Sources engineering capabilities and accelerate the commercialization of its quantum solutions.
Although quantum computing technology has not yet reached commercial viability, Quantum Source is working on a breakthrough solution that could bring practical quantum computing closer to reality.
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Tags: Quantum Computing
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