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The project will be led by the Novo Nordisk Foundation and the Niels Bohr Institute at the University of Copenhagen and is scheduled to run for the next 12 years. The first seven of those years will focus on developing materials and hardware to build qubits to ascertain the best quantum platform to use. The last five of those years is expected to involve scaling up the chosen quantum platform and show it can solve relevant life science problems which cannot be accomplished using classical computers. The end goal is to create Denmark’s first fully functional generally applicable quantum computer by 2034. [...]

We had previously reported in May that Quantum Computing Inc. (QCI) had acquired quantum photonic startup QPhoton and we also reported in July that Quantum Computing Inc. had used the QPhoton device to optimize vehicle sensor placement for a BMW/AWS Quantum Computing Challenge. The company has now announced that it will make the processor, which it now calls the Dirac 1 Entropy Quantum Computing (EQC) system, publicly available over the web through a subscription service. The device is designed to solve optimization problems and works with QCI’s Qatalyst™ software to provide a complete solution. The company will offer several different plans for access that [...]

Classiq, an Israeli quantum software company, has expanded its Series B funding round to $49 million from the previous $36 million that we reported on last May. The investor for this latest portion is Awz Ventures, a Canadian-Israeli venture capital firm. The company will be using the funds to open new offices in Japan and Europe as well as doubling the size of the R&D team to about 100 people by 2023. The company will also be expanding its customer collaborations. Previously, they had disclosed partnerships with Amazon, ColdQuanta, Nvidia, The Fraunhofer Institute, and the Chicago Quantum Exchange. Additional information about [...]

Zyvex new product, called ZyvexLitho1TM uses scanning tunneling microscopy (STM) to achieve line widths of 0.768 nanometers which is much better than the DUV or EUV systems used in the most advanced semiconductor fabs. It uses a technology called Hydrogen Depassivation Lithography which is a form of Electron Beam Lithography (EBL) that achieves atomic resolution. Uses of this machine include making extreme precise structures for quantum dot based qubits in order to achieve the highest qubit quality. The product can be used in other non-quantum related applications such as constructing nanopore membranes used in biomedical and other chemical separation technologies. The drawback [...]

Quantum Delta NL issued a call to quantum SMEs (Small and Medium Enterprises) for proposals to receive funding for innovative projects related to quantum technology. Those selected would receive grants ranging from €500,000 to €2 million. They received 18 proposals and selected 10 of them for funding. The companies receiving the funding include Appsilon Enterprise BV, Delft Circuits, Fermioniq, Leiden Space Imaging, Onnes Technologies BV, Orange Quantum Systems, Qblox, QphoX, QuantWare and a quantum cryptography lab. Quantum Delta NL intends on making this Quantum SME call an annual process in its efforts to help encourage quantum technology leadership in the Netherlands. [...]

The funding has been provided to Quantware by Quantum Delta NL to find novel materials for a superconducting quantum processor that will help improve coherence times. The goal will be to improve coherence times by an order of magnitude. Quantware has a unique business model in that they create quantum processor chips that they sell to universities and other organizations who want to build up their own quantum processors. It is similar to how Intel or AMD sell microprocessor chips to OEMs who then use the microprocessor chips as components in their own computers. Quantware's goal is to enable their customers [...]

The round was co-led by Quantonation, Entrada Ventures, and First Momentum Ventures. Kipu Quantum is based in Karlsruhe and Berlin, Germany and is working to provide utilize application-specific quantum computing solutions to provide commercial advantages to customers as soon as possible. They have developed novel algorithmic compression methods along with efforts to create co-design hardware that will slash the number of qubits needed for commercial useful solutions in the NISQ era. The co-founders of Kipu Quantum include Chief Visionary Officer Professor Enrique Solano, Chief Strategy Officer Dr. Tobias Grab, and CEO Dr. Daniel Volz. They will be commercializing ideas that members of [...]