Quantum Algorithm Company Quanscient Secures €5.2 Million in Growth Funding

Quanscient

Insider Brief PRESS RELEASE — Finnish technology company Quanscient, a leader in cloud-based multiphysics simulation technology and quantum algorithms, announces today its new growth funding of €5.2 million. The round was led by prominent Nordic early-stage venture capital firm Crowberry Capital and joined by Speen Holding with follow-on investments from Finnish early-stage venture capital investors […]

From Particles to Patterns: Quantum Boltzmann Machines for Data Analysis in High-Energy Physics

particle collisions generated

Insider Brief: To understand the universe on a grand scale, we must first elucidate the universe on a minute scale. Each collision at particle accelerators, such as CERN’s Large Hadron Collider, provides a coveted look into the fundamental forces shaping reality. However, it also generates monumental amounts of data—exceeding billions of gigabytes annually—requiring computational ability […]

Quantum Motion And Goldman Sachs Identify Quantum Applications in Financial Services Project

Stock market chart

Insider Brief PRESS RELEASE — – Quantum Motion, a UK-based quantum computing scale-up founded by Professor John Morton, University College London (UCL), and Professor Simon Benjamin, University of Oxford, has worked alongside Goldman Sachs to research how quantum computers can be used in financial services to perform complex calculations, such as options pricing. The research, which […]

Scientists Create a Quantum Information Bridge Between Photonic and Solid-State Quantum Systems

Photonic solid state

Insider Brief Scientists have created a way to transfer quantum information between different types of quantum systems, a step that could help build a future quantum internet. A QuTech & Delft University of Technology-led team of researchers report they developed a quantum interface that can transfer quantum information between diamond nitrogen-vacancy (NV) centers and photonic […]

USC Professor Sees Quantum Computing as a Specialized Tool Rather Than Consumer Technology

Insider Brief At the University of Southern California, where the first operational quantum computer in academia resides, Professor Daniel Lidar is helping shape the future of computing technology that could disrupt how we tackle global challenges — from drug discovery to energy efficiency. Traditional computers, while capable, face significant limitations when solving complex problems. As Lidar explained […]

Guest Post: Q&A with Dr. Stephanie Simmons, Founder and Chief Quantum Officer at Photonic.

stephanie simmons

Q&A with Dr. Stephanie SimmonsFounder and Chief Quantum Officer at PhotonicImage: BusinessWire What are the most transformative or exciting applications of quantum computing, generally and in the fields of manufacturing, chemicals and health?  What is exciting about commercializing any branch of physics – which is what we’re doing now with quantum computing – is that […]

QunaSys Expands Quantum Reach with Partnership, SDK Release, and $11.1M Series B2 Funding Round

qunasys logo

Insider Brief: QunaSys, a developer of quantum computing software, has announced a trifecta of advancements: a strategic partnership with Hon Hai Research Institute, the release of its QURI SDK for fault-tolerant quantum computing, and a successful Series B2 funding round raising JPY 1.7 billion (approximately $11.1 million). Together, these initiatives will expand QunaSys’s quantum software […]