Quantum Computing Co Q-Factor Raises $24m
Intel Capital joined other seed investors as Q-Factor said its architecture could scale neutral-atom systems from thousands of qubits to more than 1 million.
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Q-Factor emerges as Israel’s latest quantum computing developer with $24 million seed investment
The investment, which included NFX, TPY Capital, and Intel Capital, aims to commercialize a quantum computing project developed by professors from the Technion and Weizmann Institute.
Q-Factor Emerges from Stealth with $24M Seed Round to Scale Neutral Atom Systems
Q-Factor, a Tel Aviv-based quantum hardware startup, has exited stealth with $24 million (USD) in seed funding to develop a million-qubit neutral atom quantum computer. The investment round was led by NFX and TPY Capital, with significant participation from Intel Capital, Korea Investment Partners, Deep33, and the Matias family, alongside a grant from the Israel [...] The post Q-Factor Emerges from Stealth with $24M Seed Round to Scale Neutral A…
Intel Capital Invests In Q-Factor To Develop Million-Qubit Quantum Computer
Q-Factor, a company developing neutral atom technology, announced $24 million in seed funding to address scaling challenges in quantum computing. Founded by physicists from the Weizmann Institute and the Technion, the company aims to build a quantum computer capable of exceeding one million qubits.
Q-Factor emerges with $24M in funding and the next big bet to achieve quantum computing advantage
Tel Aviv-based quantum computing startup Q-Factor announced itself to the world today after closing on a $24 million seed funding round. The company’s mission is to develop a neutral atom-based quantum computer that can scale to one million qubits and beyond. Today’s oversubscribed round was led by NFX and TPY Capital, and saw participation from Intel […] The post Q-Factor emerges with $24M in funding and the next big bet to achieve quantum comp…
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