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The Engine’s $230-Million Second Funding Round Looks to Spark Advances in ‘Tough Tech’ Including Quantum

The Engine, the venture firm founded by MIT in 2016 to support “tough tech” companies, today announced in a MIT news release that it...

Globe and Mail Reports D-Wave Valuation Cut by More Than Half

D-Wave Systems saw its valuation cut by more than half after it undertook a refinancing effort this year, according to a report in the...

XtalPi Raises Over $300 Million Series C Investment with View Toward Quantum Tech

XtalPi, an Artificial Intelligence (AI) drug discovery and development technology company, recently announced an oversubscribed Series C funding of $318.8 million co-led by SoftBank Vision...

Nu Quantum Raises £2.1 Million Seed Investment to Accelerate Quantum Photonics Commercialization

Nu Quantum, the quantum photonics company, has raised £2.1 million in Seed funding in a round led by Amadeus Capital Partners, according to a...

The Quantum Daily’s Quarterly Report Points to Resilience Despite Covid-19

The Quantum Daily has issued its quarterly report reviewing the third quarter for 2020. The report's highlights that the quantum industry has attracted over $100...

Seeqc Secures $22.4 Million In Series A Round; Strategic Investment Led By EQT Ventures

Seeqc, the Digital Quantum Computing company, today announced it has secured a total of $22.4 million in its Series A fundraising, led by the...

Dotphoton Raises Pre-Series A Round and Opens Orders for Lossless Image Compression Software for Biotech

Zug-based Dotphoton, a Swiss image processing startup that uses quantum-inspired technology, has raised a pre-Series A round from Swiss private investors, as the company...

UK Start-up AegiQ Secures £1.4 Million to Develop Secure Quantum Communications

AegiQ, the UK quantum photonics start-up, has today announced that it has secured a total of £1.4 million -- about $1.8 million U.S. --...

Jij Raises 200 Million Yen Toward Using Quantum Annealing to Solve Problems, Create ‘Smart Cities’

Jij Inc., a leading company that provides quantum annealing technology, has announced today that it has closed a 200 million yen -- or about...

Bessemer Leads $79 Million Series C Round of Rigetti Computing to Advance Practical Quantum Computing

Rigetti Computing, a leading quantum computing startup and pioneer in hybrid quantum-classical computing systems, has announced in a statement that it closed a $79...
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