2 years ago

Phasecraft Secures £13 Million to Advance Practical Quantum Computing Solutions

  • Phasecraft, a quantum computing startup, has raised £13 million in a Series A funding round led by Playground Global

  • The company aims to develop algorithms that enable practical applications of quantum computing, addressing the challenge of bridging the gap between hardware capabilities and real-world problem-solving

  • Phasecraft's focus on algorithmic improvements for quantum computers aligns with the growing interest in quantum technology's potential across various sectors.

      • ProblemTechnology

      "Existing quantum computers, while promising, lack stability and reliability, and there are currently no algorithms that can leverage them to solve real-world problems effectively."

      Solution

      "Phasecraft develops algorithms that bridge the gap between quantum hardware and practical applications, enabling quantum computers to tackle real-world problems in fields like material science and clean energy."

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