PQShield Raises $20 Million in Series A Round, Funds to Fuel Growth of Post-Quantum Cryptography Efforts

PQShield fund raise

PRESS RELEASE — PQShield, a cybersecurity company specialising in post-quantum cryptography, has raised $20 million in Series A funding led by Addition, with participation from existing investors Oxford Science Enterprises (formerly OSI) and Crane. The investment will be used to fuel further product development, hiring and international expansion for PQShield, which has already experienced strong […]

Quantum Computing Inc. Introduces Quantum Consulting and Four-Phase Framework for Achieving Business Value

PRESS RELEASE — Quantum Computing Inc. (QCI) (Nasdaq: QUBT), a leader in unleashing the power of quantum computing for non-quantum experts, announced its consulting practice, QCI Qonsulting, and Path2Quantum (P2Q), a four-phase framework that organizations can use to explore, measure, and strategically plan their quantum computing adoption. The company also announced its first Qonsulting customer, […]

HQS Raises 12 million Euros in Series A Round Led by Quantonation

HQS

PRESS RELEASE — Quantonation announced it led a series-A financing round securing more than 12 million euros ($13.5 million US), together with new research funding, to give HQS Quantum Simulations funds to enhance its Quantum Assisted Design cloud platform, grow the team in Germany and abroad and expand its already large customer base. HQS Quantum […]

Classiq and ColdQuanta Partner on Developing 100-Qubit Quantum Circuits and Beyond

ColdQuanta, Classiq

PRESS RELEASE — ColdQuanta, the leader in cold atom quantum technology, and Classiq, which provides the leading software platform for Quantum Algorithm Design, today announced a partnership to make 100-qubit quantum circuits a reality for companies and researchers that crave quantum computing solutions to their most pressing problems. The partnership combines the power of two […]

World Economic Forum Offers Quantum Computing Guidelines

World Economic Forum

Acknowledging the billions of dollars already invested in quantum, the World Economic Forum (WEF) has created its own quantum computing guidelines, according to a statement from the organization. The council calls quantum “perhaps the most exciting emergent technologies of the 21st Century.” Released at the WEF’s 2022 annual meeting, the Insight Report is designed to […]

Aegiq Lands Seed Investment to Use Quantum Photonics to Increase Trust in Telecoms and Computing

Aegiq

Aegiq has today announced that it secured seed investment from an investor syndicate led by High-Tech Gründerfonds, with participation of Deepbridge Capital and business angel investors. Together, with existing funding from Innovate UK, the seed investment brings Aegiq’s total available funding to over £3.5 million ($4.8 million). Having completed the first closing Aegiq is considering […]

Riverlane Appoints Earl Campbell to Accelerate Efforts to Solve Quantum Error Correction

earl campbell

PRESS RELEASE — Riverlane, which is building the operating system for error corrected quantum computers, today announced the appointment of Dr. Earl Campbell, formerly of AWS, as Head of Architecture. Earl will be responsible for leading technical development and architectural design of software to support fault-tolerant quantum computing hardware. Earl has spent over 16 years […]

Victory Omole Named 2021 Winner of the Wittek Quantum Prize for Open Source Software

Wittek 2021

The Quantum Open Source Foundation (QOSF) and Unitary Fund named Victory Omole as the 2021 Winner of the Wittek Quantum Prize for Open Source Software for his outstanding contributions to Google’s Cirq library and other open source projects. The organizers write: “Victory deserves this prize due to his continuous and enthusiastic support of open quantum […]

Study: Quantum Computing in Silicon Hits 99% Accuracy

UNSW

UNIVERSITY NEWS — Australian researchers have demonstrated that near error-free quantum computing is possible, paving the way to build silicon-based quantum devices compatible with current semiconductor manufacturing technology. “Today’s publication in Nature shows our operations were 99 per cent error-free,” says Professor Andrea Morello of UNSW, who led the work. “When the errors are so rare, it […]

15 Top ML Specialists in The Quantum Computing Industry

Quantum Machine Learning As in other articles in this series, Quantum Machine Learning specialists are usually individuals who possess — at the very least — an MSc in a STEM discipline, though a candidate with a Ph.D. is much more sought after. The perfect candidates should be familiar with ML, in particular with probabilistic graphical models and artificial neural networks. […]