Horizon Quantum Secures $110 Million PIPE, With IonQ Among Lead Investors, to Support SPAC Merger
Insider Brief PRESS RELEASE — Horizon Quantum Computing has secured $110 million in new funding through a PIPE transaction that will help finance its planned merger with dMY Squared Technology Group, a publicly traded SPAC, according to a statement from the companies. The raise — priced at the SPAC’s redemption price and structured entirely as […]
Horizon Quantum Joins the QuEra Quantum Alliance
Insider Brief Horizon Quantum Computing has joined the QuEra Quantum Alliance with the aim to take a new step in software integration for neutral-atom quantum computing. The partnership links Horizon Quantum’s tools for simplifying quantum programming with QuEra’s leading hardware platform based on neutral atoms. The goal is to make it easier for developers to […]
Horizon Quantum Plans Public Listing, Deal Values Company at Approximately $500 Million
Insider Brief Horizon Quantum Computing plans to go public through a merger with dMY Squared Technology Group, a publicly traded special-purpose acquisition company, the companies said Monday in a statement. The deal, still in early stages, values Horizon Quantum at roughly $500 million. “We are excited to partner with the dMY team because of their […]
Joe Fitzsimons Caring about Probabilities & Amplitudes in QC
“What if you were able to program a quantum computer in exactly the same way you program a traditional computer?” Joe Fitzsimons, CEO and founder of Horizon Quantum, opened with this thought-provoking question on the “Thinking On Paper Podcast & Book Club”, hinting at the profound potential of quantum computing. As we go deeper into […]
Horizon Quantum Computing to Establish First-of-a-Kind Hardware Testbed
Insider Brief Horizon Quantum Computing will create testbed to integrate its software stack with quantum computing hardware. The testbed will have capacity for multiple quantum computers, with Rigetti Computing and Quantum Machines selected to supply components for first system By acquiring its own hardware, Horizon gains full control over both hardware and software stacks. Image: […]
New Approach Could Make Quantum Computers a ‘Catalyst’ For Computational Chemistry
Insider Brief A recent study by a multi-institutional team of researchers presents a new approach to solving chemical simulation problems using quantum computing. The work could lead to more efficient computational chemistry that could, in turn, lead to faster drug development and materials innovation. Image: Complexity of simulating chemical problems. We target the set of […]
Amanda Chew, Vice President of Product at Horizon Quantum Computing, Honoured as One of Singapore Computer Society’s Top 100 Women in Tech
Horizon Quantum Computing, a quantum software company headquartered in the bustling city of Singapore. At the heart of this innovative venture stands Amanda Chew, the Vice President of Product, whose recent recognition among Singapore Computer Society’s 100 Women in Tech is a testament to her remarkable contributions to the field. Chew’s journey unfolds over the […]
Horizon Quantum Computing Raises $18.1 Million (US) Series A to Advance Quantum Software Development
Insider Brief Horizon Quantum Computing announced it has raised $18.1 million (US) Series A and noted that its total funding now stands at approximately $ 21.3 million. Investors include Sequoia Capital India, Tencent, SGInnovate, Pappas Capital and Expeditions Fund. Critical Quote:. “While getting to large scale quantum computing is a daunting challenge, it is undeniable […]
Horizon Quantum Computing Host Interview With John Preskill & Dave Bacon on Quantum Fault Tolerance
Fault Tolerance In a QuTech blog post published this year, quantum fault tolerance “means that errors on a single or a few operations — for example any one of the physical qubits inadvertently flipping its state — should not corrupt the information encoded in the logical qubits. Such fault tolerance enables reliable computation with noisy components and is the […]
Horizon Quantum Computing Expands in Europe With Office in Ireland
Insider Brief New Dublin office will be Horizon Quantum Computing‘s first office outside Singapore Horizon Quantum Computing will create multiple high-priority software engineering positions in Ireland The company is led by Irish quantum physicist Joe Fitzsimons Image: Conor McCabe Photography. PRESS RELEASE – Horizon Quantum Computing, a Singapore-based company building software development tools to unlock […]