The round was led by Italian Deep Tech venture capital firm Liftt and existing investor Wavemaker Partners. Additional investors include SEEDS Capital, the investment arm of Enterprise Singapore; California-based CerraCap Ventures; SUTD Venture Holdings; and previous seed investors, Elev8 VC. Entropica Labs is a quantum software company based in Singapore that is building development tools for error correction and fault tolerance. Entropica will be using the funding to grow their team and perform testing of Entropica’s products on real quantum hardware. A news release announcing the funding can be found on the Entropica website here.

November 25, 2023