We reported last February that Quantum Motion had received a venture funding £42 million ($50.5M USD) for continued development of their spin qubit based processors. They have now announced that the Sony Innovation Fund has joined the round. This is the first quantum investment from the Sony Investment Fund. Besides the money, Sony can provide additional assistance to Quantum Motion in the future due to their deep experience in CMOS semiconductor design and manufacturing as well as helping them gain access to the Japanese market. Quantum Motion was founded in 2017 by Professor John Morton of University College London and Professor Simon Benjamin of Oxford University to develop a quantum processor based upon spin qubit technology and manufactured using high volume semiconductor processes. A press release announcing Sony Innovation Fund as a new investor has been posted on the Quantum Motion website and can be seen here.
May 24, 2023
Leave A Comment