VentureBeat February 25, 2025
Quantum Machines has raised $170 million in funding to accelerate adoption of quantum computing and improve its advanced quantum control solutions.
The third round of funding brings the company’s capital raised to date to $280 million. The investment comes as the majority of quantum computing companies now rely on QM’s technology to build and scale their systems.
The oversubscribed round was led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners and existing investors. It marks one of the largest rounds of funding in the quantum industry.
2024 has marked a watershed moment in quantum computing, with breakthrough achievements across the industry laying down fundamental building blocks: Google’s Willow chip demonstrated a strong performance enhancement at the...
Today's Sponsors
Today's Sponsor