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Quantum computing company lands $230M in funding

QuEra Computing announced it has completed a funding round exceeding $230 million, with investments from Google's Quantum AI and SoftBank Vision Fund, among others.
The startup plans to use the funding to develop fault-tolerant quantum computing technology and aims to build a useful fully-quantum computer in the next three to five years.
QuEra's COO, Yuval Boger, described the valuation as 'a very substantial increase' compared to previous rounds, estimating it to be around $400 million.
QuEra aims to achieve 100 logical error-corrected qubits to create valuable applications for material science and optimization problems, according to Ory, a representative of the company.

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Times Gazette

Are you quantum safe? - The Times Gazette

First, a caution I feel I must address something that’s been in the news recently – DeepSeek. To cut right to the chase, do not use DeepSeek! Don’t use the app and don’t go to its website. I’ll explain. Regardless of how “good” the AI is supposed to be, you should know that it’s produced by a company based in the People’s Republic of China and all the data they gather from and about you is stored in China. Their Terms of Service state that they …

Google, SoftBank Pour $230M into Quantum Computer Startup QuEra

QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google and SoftBank’s Vision Fund 2 to develop “fault-tolerant” quantum computers.

11 days ago·New York, United States

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TechCrunch

Google leads $230M convertible note for Boston quantum computing startup QuEra

Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive

11 days ago·United States

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The Business Journals

Quantum computing company lands $230M in funding

QuEra Computing Inc. has completed a $230M funding round, driving the company past $1B in valuation. With the money, it aims to make Massachusetts a 'quantum capital.'

11 days ago·United States

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Startups News | Tech News

Quantum computing startup QuEra raises $230M in funding from Google Quantum AI and SoftBank - Tech Startups

QuEra Computing, a Boston-based startup focused on neutral-atom quantum computing, announced Tuesday that it raised over $230 million in its latest funding round. The round attracted big-name investors, including Google’s Quantum AI division and SoftBank Vision Fund. While the company […] The post Quantum computing startup QuEra raises $230M in funding from Google Quantum AI and SoftBank first appeared on Tech Startups.

11 days ago

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