QuEra raises $230m for quantum computer

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.