Quantum Machines raises $170M, says it’s working with more than half of all quantum computing companies

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Quantum computing remains a holy grail in the world of technology, but with some important breakthroughs in the last several months, investors are betting on more promising startups in the space, to make the concept of super-efficient particle- and electron-based computing a reality. In the latest development, Quantum Machines, an Israeli startup that provides quantum control solutions to others in the field, has raised $170 million. 

Led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners and existing investors, this…



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Quantum Machines raises $170M, says it’s working with more than half of all quantum computing companies


Quantum computing remains a holy grail in the world of technology, but with some important breakthroughs in the last several months, investors are betting on more promising startups in the space, to make the concept of super-efficient particle- and electron-based computing a reality. In the latest development, Quantum Machines, an Israeli startup that provides quantum control solutions to others in the field, has raised $170 million. 

Led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners and existing investors, this…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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