2 years ago

Quantum Motion Secures $50.5 Million to Advance Silicon-Based Quantum Computing

  • Quantum Motion, a UK-based quantum computing startup, has raised $50.5 million in an equity round led by Bosch Ventures

  • The company aims to build scalable quantum computers using silicon-based quantum chips

  • Quantum computing has the potential to revolutionize fields like drug discovery, AI, and materials science

  • Quantum Motion faces competition from established tech giants like IBM and Google, but its agile approach and focus on silicon processing give it a competitive edge.

      • ProblemTechnology

      "making complex calculations in a fraction of the time and accelerating what's possible with computers"

      Solution

      "creating scalable quantum computers through new quantum computing architectures that are compatible with established silicon processing"

      Covered on