Tag: computing
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Qoro closes $750K to bridge quantum and classical computing
London-based Qoro Quantum has secured $750,000 in a pre-seed funding round to develop software infrastructure for hybrid quantum-classical computing. The round includes backing from Ada Ventures, Superangels Venture Fund, and the Polsky Center for Entrepreneurship and Innovation. Founded in 2024, Qoro Quantum is a deeptech company building software infrastructure for distributed quantum computing. Its platform read more
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Rhonexum secures $1M to scale cryogenic electronics for quantum computing
Swiss quantum technology startup Rhonexum has raised $1 million in pre-seed funding, led by QDNL Participations, with participation from Venture Kick and additional grant support. Based in Lausanne and spun out of EPFL’s AQUA Lab, Rhonexum develops electronics capable of operating at cryogenic temperatures close to absolute zero, conditions required for quantum computing, where conventional read more
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UK government pledges £1BN quantum computing investment
TheUK government has pledged a £1bn investment to buy large-scale quantum computers from British startups and companies, as it looks to stay in the race in innovating in the technology which some believe could rival AI. Technology secretary Liz Kendall said: ”I am determined this country grasps the benefits quantum computing will bring. It is only read more
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enclaive closes €4.1M round focused on multi-cloud confidential computing
enclaive, a German cybersecurity company specialising in confidential computing, has raised €4.1 million in seed funding, with the round co-led by Join Capital and the Amadeus APEX Technology Fund and supported by Auriga Cyber Ventures. Rising AI adoption, evolving data protection regulations, and increasingly sophisticated cyber threats have heightened security concerns around cloud computing. While read more
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Optalysys raises £23M to support photonic computing development
Leeds-based photonic computing company Optalysys has raised £23 million in a Series A extension round led by Northern Gritstone, with participation from imec.xpand, Lingotto Horizon, and the UK government’s National Security Strategic Investment Fund (NSSIF). Optalysys is developing a photonic computing approach that integrates data movement and processing on a single chip, combining silicon photonics read more
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