Qolab, Inc., a quantum computing hardware innovator, has announced an investment from Applied Ventures, LLC, the venture capital arm of Applied Materials, Inc. This Series A funding supports a collaboration aimed at advancing advance the development and scalable manufacturing of superconducting qubits.
The partnership includes the co-authorship of a technical roadmap paper titled “How to Build a Quantum Supercomputer: Scaling from Hundreds to Millions of Qubits“. The paper, developed with semiconductor and quantum computing experts, outlines strategies for achieving scalable quantum computing architectures.
Dr. Robert Visser, Vice President in the Office of the CTO at Applied Materials, emphasized the collaboration’s focus on reducing error rates and improving qubit uniformity, which are critical for large-scale quantum computing. Alan Ho, CEO of Qolab, highlighted the partnership as part of a broader semiconductor industry effort to scale quantum technologies.
Results from the collaboration will be presented by Dr. John Martinis at the American Physical Society (APS) March Meeting on March 17, 2025. For more details, visit the original announcement by Qolab here.
March 18, 2025
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