Quantum Motion Expands $160M Round for Rack-Scale Data Center [...]


Quantum Motion Expands $160M Round for Rack-Scale Data Center Quantum Systems


Quantum Motion Expands $160M Round for Rack-Scale Data Center Quantum Systems

📅 - Quantum Motion has added investors to its $160 million Series C as it scales silicon spin quantum hardware designed for standard data center racks. The company says its CMOS-based architecture could cut machine cost and space requirements by 100 times and energy use by 1,000 times compared with alternative quantum systems, if those advantages survive commercial scaling.

The second close adds imec.ventures, Lansdowne Partners, Sony Innovation Fund, S3 Ventures, and Inkef to the round led by DCVC and Kembara. Quantum Motion did not disclose the amount added in the second close. The capital is earmarked for custom silicon development, semiconductor manufacturing scale-up, and international [...][... Check source for end of article ...]
Tags: Quantum Computing

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