Quantum Motion Raises $160 Million Series C to Deliver Quantum Computing’s “Transistor Moment”
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🏦 Source Intelligence
Rolling outlet bias
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2,788 articles tracked
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Article Excerpt
Round co-led by DCVC and Kembara, with participation from the British Business Bank and Firgun, positions stealthy Quantum Motion as UK’s best-funded quantum computing company. Quantum Motion’s silicon transistor-based architecture produces quantum computers with 100-fold reduction in cost and space requirements as well as 1,000-fold reduction in energy consumption compared to other approaches. LONDON —...
Read full article at Montreal Gazette ↗
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