SEEQC, a leader in digital chip-based quantum computing systems, has secured $30 million in funding to accelerate the development and commercialization of its full-stack quantum computing platform. The round was led by NordicNinja and Booz Allen Ventures, with participation from SIP Capital, alongside existing investors EQT Ventures, M-Ventures (Merck KGaA, Darmstadt Germany), BlueYard Capital, FAM, and Asset Management.
SEEQC’s proprietary Single Flux Quantum (SFQ) technology integrates quantum and classical functions onto a single digital processor, operating at ultra-low temperatures alongside qubits. This approach replaces bulky, mixed analog/digital hardware with a chip-based system, reducing costs by up to 97% and energy usage by 100,000 times compared to classical chips. The platform is designed to scale quantum computers to millions of qubits, enabling near-term applications and fault-tolerant quantum computing.
The funding will drive SEEQC’s next-generation chip technology, expand real-time on-chip error correction capabilities, and deepen integrations with industry partners like NVIDIA and BASF. SEEQC’s platform is already being used in collaborations with NASA, the U.S. Department of Energy, and leading academic institutions.
CEO John Levy emphasized the company’s mission to transition quantum computing from lab experiments to scalable, enterprise-grade systems. Investors highlighted SEEQC’s potential to overcome critical hardware bottlenecks and unlock quantum’s full potential for AI, enterprise applications, and beyond.
For more information, check out the SEEQC website.
January 14, 2025
