Quantum Networking Startup Qunnect Adds Cisco as Investor in New Fundraising Round

Quantum networking startup Qunnect adds Cisco as investor in new fundraising round

The ScoopNetwork giant Cisco is making a strategic investment in quantum networking firm Qunnect, Semafor has learned, the latest move in a broad effort to bolster the security of online communication and enable powerful quantum computers that may one day transform everything from medicine to materials science to fundamental physics.The Brooklyn-based firm is raising a modest $10 million in new funding from existing backers, but the addition of …

Qunnect Secures $10 Million Series A Extension for Quantum Networking Development - Quantum Computing Report

Qunnect, a company deploying quantum entanglement-based protocols over commercial fiber, has closed an oversubscribed Series A extended financing round, securing $10 million. The round was led by Airbus Ventures, with additional participation from Cisco Investments and Quantonation. This new funding is designated to fuel the development of turn-key variants of Qunnect's Carina product suite, enabling [...] The post Qunnect Secures $10 Million Se…

Qunnect eyes more quantum growth with funds from Cisco

The startup scored $10 million from Cisco and other investors to work on new quantum network use cases.

Qunnect Secures $10M To Advance Room-Temperature Quantum Networks For Industry

Qunnect secured $10 million in extended Series A funding led by Airbus Ventures with Cisco Investments participation to accelerate commercial deployment of its room-temperature Carina quantum networking product suite, already demonstrated in New York City and Berlin, offering enhanced security and capabilities for sectors including finance, energy, and telecommunications via entanglement-based protocols over existing fibre optic infrastructure.

Cisco Reveals History-Making Investment in Quantum Networking Upstart Qunnect

Qunnect, a builder of quantum networking infrastructure, has closed its oversubscribed $10 million Series A extended financing round that included participation from Cisco Investments.

Qunnect raises $10m for quantum networking in the datacetnre

US startup Quconnect has raised $10m from Airbus in Europe and Cisco to scale up its room temperature quantum networking technology in the datacentre as it prepares for the next round of funding. The technology has been proven in a commercial telecoms network in Berlin and can also be used to connect quantum processors in […] The post Qunnect raises $10m for quantum networking in the datacetnre appeared first on eeNews Europe.