QuEra Computing has raised over $230 million to accelerate the development of large-scale, fault-tolerant quantum computers. The funding includes participation from new investors such as Google (via Google Quantum AI), SoftBank Vision Fund, and Valor Equity Partners, alongside existing backers like QVT Family Office and Safar Partners. The company has already receive the first $170 million of this funding. The remainder of the funds, $60 million, will be disbursed upon meeting a pending condition.
The investment supports QuEra’s technological progress, built on collaborations with Harvard and MIT researchers, and its commercial expansion with partners like AIST. The company plans to use the funds to advance fault-tolerant quantum computing, expand its research team, scale production, and strengthen industry collaborations.
QuEra’s neutral-atom quantum computing platform is positioned for applications in finance, pharmaceuticals, logistics, and cybersecurity. The new funding provides the company with long-term financial stability as it continues developing scalable quantum solutions.
For more details, view a press release posted on QuEra’s website here.
February 11, 2025
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