5 years ago

Quantum Motion Secures €9 Million to Advance Fault-Tolerant Quantum Computing

  • Quantum Motion, a UK-based quantum computing startup, has raised €9 million in a Series A funding round

  • The company, founded by professors from UCL and Oxford University, is developing a fault-tolerant quantum computer using silicon spin technology

  • The funding will support the development of their patented technology, which offers scalability and compatibility with standard manufacturing processes

  • Investors in the round include INKEF capital, Octopus Ventures, and the National Security Strategic Investment Fund.

    • ProblemTechnology

      "Developing fault-tolerant quantum computers to solve currently intractable problems in fields like chemistry, medicine, and artificial intelligence"

      Solution

      "Building a 'fault-tolerant' quantum computer using patented silicon spin-based qubit architectures, compatible with standard CMOS fabrication, to achieve scalable production"

      Covered on