Quantum Machines, a startup developing control and operation systems for quantum computers, raised $5.5 million in seed financing from venture capital firms TLV Partners and Battery Ventures. The firm, based in Israel, was founded by Itamar Sivan, Yonatan Cohen, and Nissim Ofek -- three physics
Artificial intelligence startup 1QBit acquired $45 million in Series B financing, led by Fujitsu-Siemens, with participation from Accenture Ventures, Allianz Digital Corporate Ventures, and CME Group. According to the company, 1QBit is dedicated to building quantum and quantum-inspired software to solve the world’s most demanding computational
Quantum Circuits completed $18 million in Series A financing, led by Canaan Partners and Sequoia Capital. Tribeca Venture Partners, Osage Partners, and Fitz Gate Ventures also participated in the funding. QCI’s goal is to develop, manufacture, and sell the first practical and useful quantum computers.
Apple acquired semiconductor manufacturing startup InVisage Technologies, which produces quantum dot-based image sensors that enable the high-resolution images from handheld devices such as camera phones and PDAs. The Menlo Park-based startup’s products are used in security and surveillance, automotive imaging, military and medical imaging applications,
Programmable silicon technology company Efinix has secured $9.5 million in new financing from Xilinx, Hong Kong X Technology Fund (supported by Sequoia Capital China), and Samsung Ventures. Efinix has developed what it calls “Quantum” programmable technology that, according to the company, “delivers a 4X power-performance-area advantage