ColdQuanta
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An Australian start-up has raised US$18 million to develop miniaturised quantum computers that it believes are capable of solving complex problems. -
ColdQuanta has raised US$110 million in funding from private equity and other investors, including Sumitomo and former Motorola chairman and CEO Chris Galvin, who has joined the company’s board.
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The science arm of the Australian state of Victoria is taking a stake in quantum computing company ColdQuanta to set up a new research unit in Melbourne.
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Quantum technology is poised to revolutionise atomic clocks and positioning, following a partnership between ColdQuanta and an Oxford University spin-off.
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Quantum computing company ColdQuanta has hired Bob Sutor, formerly of IBM, as its VP of corporate development.
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A computer scientist who spent more than eight years at the CIA is to join ColdQuanta’s board of directors.
Forthcoming events
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Dan Caruso is to become executive chairman and interim CEO of a company that is exploiting quantum physics for computing and networking.
