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Analog Quantum Circuits to Receive $3 Million AUD ($1.9M USD) in Funding

2024-08-27T22:03:27-07:00

Analog Quantum Circuits is a superconducting hardware components startup based in Brisbane, Queensland, Australia. They were founded in 2022 by a team that came from the University of Queensland. The company develops miniaturized core microwave components such as such as amplifiers, attenuators, circulators, and other components. These components can be integrated on-chip to help enable the scale-up of superconducting quantum processors. Uniseed is Australia’s longest running early-stage commercialisation fund and the Uniseed-managed funds have committed to invest $3 million AUD in the company. Additional information is available in a news release posted on the Uniseed website here and also an article [...]

Analog Quantum Circuits to Receive $3 Million AUD ($1.9M USD) in Funding2024-08-27T22:03:27-07:00

Nu Quantum Raises £7M ($8.5M USD) in a Pre-Series A Round

2024-08-27T22:03:27-07:00

Nu Quantum is a quantum networking startup that was formed as a spinout of the Cavendish Lab at the University of Cambridge. They are focusing on providing the technology that will allow multiple quantum processors to be hooked together in a quantum network with a product they call the Quantum Networking Unit (QNU). The funding The round was led by Amadeus Capital Partners, Expeditions Fund, and IQ Capital, with additional participation from Ahren Innovation Capital; Seraphim Capital; University of Cambridge and Martlet and new investors including Presidio Ventures backed by Sumitomo Corporation, the National Security Strategic Investment Fund (NSSIF), and Deeptech [...]

Nu Quantum Raises £7M ($8.5M USD) in a Pre-Series A Round2024-08-27T22:03:27-07:00

NobleAI Collaborates with Microsoft Azure Quantum Elements for Chemical and Materials Discovery

2024-08-27T22:03:28-07:00

Diagram of NobleAI's Science Based AI (SBAI) Approach That Will Be Used with Microsoft Azure's Quantum Elements NobleAI is a software company that uses AI to provide customized materials discovery platforms for the chemical and materials industry. Examples of models they have created include NobleChemistry to create commercial  chemical formulations, NobleBattery for battery development and performance evaluation, and NobleEnergy to solve complex problems for the energy industry. Their customers include large enterprises in the chemical and energy industries and they help these organizations improve their product development by shortening development times, help identify ways of improving the performance of the materials, [...]

NobleAI Collaborates with Microsoft Azure Quantum Elements for Chemical and Materials Discovery2024-08-27T22:03:28-07:00

QuEra Wins Two Grants from DARPA as Part of the Imagining Practical Applications for a Quantum Tomorrow (IMPAQT) Program

2024-08-27T22:06:08-07:00

QuEra Computing, a company that develops neutral-atom quantum computers, has received two grants from the Defense Advanced Research Projects Agency (DARPA) as part of the Imagining Practical Applications for a Quantum Tomorrow (IMPAQT) program. The program aims to explore novel quantum algorithms and applications that can be implemented on near-term quantum platforms. The first grant is for a project on “Quantum Reservoir Learning using Neutral Atoms and its Applications”. This project will extend QuEra’s previous work on quantum machine learning, where they demonstrated how to classify handwritten digits using their neutral-atom hardware. The project will scale up the method and apply it to [...]

QuEra Wins Two Grants from DARPA as Part of the Imagining Practical Applications for a Quantum Tomorrow (IMPAQT) Program2024-08-27T22:06:08-07:00

Boeing Provides $3.5 Million in Funding to the Chicago Quantum Exchange for Quantum Research and Talent Development

2024-08-27T22:06:09-07:00

An expanded collaboration between Boeing, a global aerospace company, and the Chicago Quantum Exchange (CQE), a network of academic institutions and national labs that work on quantum information science and engineering (QISE) has been announced. The collaboration aims to support early-career scientists, seed new research projects, and develop next-generation quantum sensors and networks. The collaboration also renews Boeing’s corporate partnership with the CQE, which started in 2019. The collaboration involves a $3.5 million investment from Boeing, which will fund technical workshops, graduate student and postdoctoral fellowships, and an award for innovative researchers in the field of QISE. The funding will also [...]

Boeing Provides $3.5 Million in Funding to the Chicago Quantum Exchange for Quantum Research and Talent Development2024-08-27T22:06:09-07:00

Multiverse, OQC, and Moody’s Analytics Win Innovate UK Award to Develop Large-scale Flood Prediction Models using Quantum Computing

2024-08-27T22:06:10-07:00

Multiverse Computing, Oxford Quantum Circuits (OQC), and Moody's Analytics will team up to develop two-dimensional hydrodynamical models that numerically solve Shallow Water Equations (SWE) to improve to flood risk assessment and help make management of flood conditions better and more accurate. These calculations are too complex for traditional classical techniques to make accurately so the team will be looking at Quantum Physics-Informed Neural Network (QPINN) and Variational Quantum Circuit (VQC) algorithms with hybrid classical/quantum processing to see if that approach can do it better. Moody's estimates that flood losses cost £700 million ($850M USD) in the UK every year. In this [...]

Multiverse, OQC, and Moody’s Analytics Win Innovate UK Award to Develop Large-scale Flood Prediction Models using Quantum Computing2024-08-27T22:06:10-07:00

Cisco Investments Joins the Series A Investment Round in Aliro Quantum

2024-08-27T22:06:10-07:00

Earlier in October we reported that Aliro Quantum had received a Series A venture investment from Accenture Ventures and Flybridge Leaders Fund. The round has now been joined by Cisco Investments. Cisco is a very large company involved with classical computer networking and has been watching the quantum networking space for some time. They have now decided to make their first quantum investment with Aliro Quantum that provides customers with a product called AliroNet, the world’s first full-stack multi-purpose end-to-end entanglement-based secure network solution. Unlike standalone venture capital firms, Cisco Investments is participating as a strategic investor and can additionally contribute expertise in [...]

Cisco Investments Joins the Series A Investment Round in Aliro Quantum2024-08-27T22:06:10-07:00

Research Roundup for October 2023

2024-08-27T22:06:11-07:00

By Dr Chris Mansell, Senior Scientific Writer at Terra Quantum Shown below are summaries of a few interesting research papers in quantum technology that we have seen over the past month. Hardware Title: Fault-Tolerant One-Bit Addition with the Smallest Interesting Colour CodeOrganizations: QuTech; University of Stuttgart; QuantinuumSummary: To build a fault-tolerant circuit, you can select a quantum error-correcting code and then decide which operations to directly implement in a fault-tolerant way and which to perform via the code’s associated error-correction gadgets. For the colour code, the usual choice is for the Clifford gates to have a direct, fault-tolerant implementation with the non-Clifford [...]

Research Roundup for October 20232024-08-27T22:06:11-07:00

Podcast with Kanav Setia, Co-founder and CEO of QBraid

2024-08-27T22:06:12-07:00

Kanav Setia, the co-founder and CEO of QBraid, is interviewed by Yuval Boger. Qbraid is a one-stop platform that allows users to access various quantum software and hardware solutions. Kanav and Yuval discuss the benefits of QBraid for both beginners and advanced users, the company's plans for future development, the potential for high-level programming languages and API-based solutions, and much more. Transcript Yuval Boger: Hello Kanav and thank you for joining me today. Kanav Setia; Yeah, it's my pleasure. Thanks for the invite. Yuval: So who are you and what do you do? Kanav: My name is Kanav Setia. I'm a [...]

Podcast with Kanav Setia, Co-founder and CEO of QBraid2024-08-27T22:06:12-07:00

Q-CTRL and the Quad Investors Network Will Provide Free Black Opal Licenses to Students at Certain Educational Institutions in Australia and the U.S.

2024-08-27T22:06:12-07:00

Q-CTRL has previously developed an online quantum learning platform called Black Opal to teach students about quantum technology and make quantum computing accessible to everyone. The program teaches fundamental concepts needed to understand quantum computing and includes an interactive visual coding environment that allows students to better understand qubit operations. There is a basic version available for free, but the Pro version is priced at $19.99 per month or about $120 for a full year license. In order to promote diversity and inclusion to make the technology more accessible, Q-CTRL has teamed up with the Quad Investors Network to provide fully [...]

Q-CTRL and the Quad Investors Network Will Provide Free Black Opal Licenses to Students at Certain Educational Institutions in Australia and the U.S.2024-08-27T22:06:12-07:00
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