3 years ago

Oxford Ionics Secures €34 Million to Advance Scalable Quantum Computing

  • Oxford Ionics, a UK-based quantum computing startup, has raised €34 million in Series A funding

  • The company, founded in 2019, utilizes a unique trapped-ion approach with Electronic Qubit Control (EQC) technology for building scalable quantum computers

  • Their method replaces lasers with electronics integrated into silicon chips for controlling qubits, leading to improved performance and scalability

  • The funding will be used to expand the team and further develop their technology.

      • ProblemTechnology

      "Quantum computing is a promising technology, but it faces challenges in scalability, integration, and performance. Current trapped-ion systems rely on lasers to control qubits, which become untenable and error-prone as the size of the processor scales."

      Solution

      "Oxford Ionics has developed a proprietary Electronic Qubit Control (EQC) system that uses electronics integrated into silicon chips to control qubits, enabling scalability and reliability while maintaining high quantum performance."

      Covered on