Oxford Quantum Circuits lands “coming-of-age” £260M funding round

The boss of an Oxford University quantum computing spinout today declared its £260m funding round as a “coming-of-age” moment, indicating that British companies can play a leading role in the field.Ox…

Quobly raises €115M Series A to commercialise silicon quantum computing

Quobly, a French quantum computingcompany developing silicon-based quantum computers, has raised €115 million ina Series A financing round to accelerate the industrialisation of itstechnology and supp…

Microsoft announces Majorana 2 quantum computing chip — claims a practical machine will come in 2029

Microsoft’s Majorana 2 quantum computing chip switches to lead-based materials. Microsoft is accelerating its roadmap and expects a practical machine in 2029.

IBM spins off America’s first quantum chip foundry with $2 billion in federal and private funding — newly-minted ‘Anderon’ foundry to offer 300mm quantum wafer fab and manufacturing services

Headquartered in Albany, New York, Anderon will operate a 300mm quantum wafer fab and offer its manufacturing services to competing quantum hardware vendors.

Quanscient lands €10M to advance AI- and quantum-native hardware engineering

Quanscient, a Finnish company focusedon cloud-based multiphysics simulation technology and quantum algorithms, hasraised €10 million in a Series A funding round to support its internationalexpansion a…

Alice & Bob expands Series B with investment from NVIDIA’s venture arm

French fault-tolerant quantum computing company Alice & Bob has raised investment from NVentures, NVIDIA’s venture capital arm, that expands its €100 million Series B round. The investment suppo…

Algorithmiq moves global HQ to Milan and raises €18M in Italy’s largest quantum VC round

Quantum software company Algorithmiq has established Milan as its global headquarters, signalling its confidence and commitment to Italy and Europe as the future hub for leadership in the industrialis…

China’s Hanyuan-2 debuts as ‘world’s first’ dual-core quantum computer — 200-qubit claims incredible power efficiency, but lacks critical performance benchmarks

CAS Cold Atom Technology, a Wuhan-based firm affiliated with the Chinese Academy of Sciences (CAS), unveiled what it calls the world’s first dual-core quantum computer.

UK quantum outfit Quantum Motion run on silicon chips raises $160M

A UK university spinout, which builds full-stack quantum computers made with the same silicon chip technology used in laptops and phones, has raised $160m in an investment round, it said today. The Se…

Peter Sarlin’s QuTwo reaches $380M valuation in angel round

QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and…