Author: EIS Release Date: Feb 21, 2025
QuEra Computing, the neutral-atom quantum computing specialist, has raised $230 million to develop fault-tolerant quantum computers.
New investors include Google, SoftBank Vision Fund 2, Valor Equity Partners, and others. Existing investors include QVT Family Office, Safar Partners and others.
QuEra quantum computerWith this funding, QuEra will:
• Accelerate the development of fault-tolerant quantum computer technology.
• Rapidly expand its team of scientists and engineers, with a focus on technical and scientific talent.
• Strengthening build and test capacity to scale up and meet growing demand for high-performance neutral-atom computers.
Broaden its portfolio of application co-design, cloud, and on-premises engagements with global research organisations, Fortune 500 companies, and government programs.