Universal Quantum Raises $100m in Largest UK Quantum Series A
The Series A round will fund research hubs in Germany and Singapore as the company pursues trapped-ion quantum computers, Weidt said.
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6 Articles
Universal Quantum got $100 million to expand its research centers in Germany and Singapore, backed by a Singaporean fund and David Baszucki, CEO of Roblox. The British startup develops a quantum computer based on trapped ions and expects to build a functional and useful machine within the next decade, although it has not set a date. *** Round A was co-directed by CSDC and Firgun Ventures, and it also counted on EDBI from Singapore and David Basz…
Universal Quantum secures UK’s largest quantum Series A with €89 million to scale modular quantum computers
Brighton-based Universal Quantum, a company building large-scale quantum computing systems for real-world use, today announced it has secured over €89 million ($100 million) in Series A funding – reprotedly marking the largest Series A ever raised by a quantum firm in the UK. The funding will accelerate the company’s global expansion, as well as the […]
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