Research universities know ONE Unicorn startup ($1b+ exit) can have a transformative impact on the institution and its region. The University of Colorado Boulder just announced its TENTH Unicorn, this time CU spinout Infleqtion. https://lnkd.in/gpwKCNaQ
University of Colorado Boulder's 10th Unicorn: Infleqtion
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Mayor Tim Keller launched the City’s Quantum Initiative today at the IEEE Quantum Conference, putting Albuquerque on the map as a rising leader in quantum tech. With cutting-edge startups, smart investments, and workforce training like CNM Ingenuity's Quantum Technician Bootcamp, we’re building the future right here. 🔗 Learn more: ABQ-quantum.com #OneAlbuquerque #QuantumTech
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Cambridge Tech Week's Future of Computation afternoon covered Silicon, Quantum and Photonics across three panels with a total of 13 expert speakers... including six ChipStart companies: Blueshift Memory, HyperCIM Ltd , Hartley Ultrafast , Prospectral, Wave Photonics and Finchetto. Insightful and informative debate across the board. https://lnkd.in/eyk-seBk
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Phasecraft, a London-based quantum computing startup, has raised $34 million (~€31.5M) in Series B funding to accelerate development of algorithms that make noisy quantum computers useful for real-world problems. The round was co-led by Playground Global, Plural, and Novo Holdings’ Quantum Fund, marking Novo’s first direct investment in quantum software. 𝗥𝗘𝗔𝗗 𝗧𝗛𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 👉 https://lnkd.in/dUwEbJYB Meredith Bell Dave Grimm Neil Cameron Grace Wilkinson Ashley Montanaro Abhishek Khedkar Toby Cubitt Josh Blake Sarah Harrison Joel Klassen Gabriele Maroso Dana Mead Filippo Maria Gambetta Cat Mora Mark Gaffney Lana Mineh Vishal Sharma, Ph.D. Stasja Stanisic Harry McMullan John Morton Raul Garcia-Patron Sanchez Michael Kreshchuk Glenn Jones Adrian Chapman Max Hunter Gordon Brian Flynn Dhrumil Patel Marcos Crichigno Marika Svensson Nikitas Stamatopoulos #Startups #Founders #FundingNews #VentureCapital #QuantumComputing #PrivateEquity #SeriesB
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IQM Scores $320 Million Funding, Gears Up for Global Quantum Growth European quantum computing startup IQM has raised $320 million in a funding round led by U.S.-based investor Ten Eleven Ventures, showing strong investor interest in the growing quantum computing sector. Read More: https://lnkd.in/eqvdhG8s #EnterpriseReviewMedia #QuantumComputing #TechInnovation #IQM #FutureOfTech #GlobalInnovation #DeepTech #NextGenTech #QuantumLeap #ScienceAndTech #StartupGrowth #TechNews
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IQM Quantum Computers, the Espoo-based builder of full-stack superconducting quantum systems, has raised €275M in a record-breaking Series B round, bringing its total funding to $600M (€514M) and valuing the company at unicorn status. The round was co-led by Ten Eleven Ventures, the cybersecurity-focused U.S. investment firm, alongside Finnish investor Tesi. Additional backing came from pension funds Elo and Varma, strategic investors Schwarz Group and Winbond Electronics, as well as sovereign funds EIC and Bayern Kapital. Goldman Sachs International acted as placement agent. 𝗥𝗘𝗔𝗗 𝗧𝗛𝗘 𝗗𝗘𝗧𝗔𝗜𝗟𝗦 👉 https://lnkd.in/dWXtzKS3 Helmut Jeggle Sylwia Barthel de Weydenthal Linda Mauerer Andreas Theer Dr. Peter Eder Jan Goetz Kuan Yen Tan Milja Kalliosaari Stefan Rank Juha Hassel Jan Kuerschner Sourav Majumder Alexia López Timo Harakka Max Haeberlein Markku Räsänen Inés De Vega Thomas Oehl Erik Niemi Dr. Stefan Seegerer Rodrigo Silva Ekaterina Almasque Jouni Flyktman Juha Vartiainen Tomi Riipinen Blair Robertson Soren Hein Vincent A. Juha Lehtola Michael Bruce, MCIPR Ofer SHOSHAN #Startups #Unicorns #Founders #FundingNews #QuantumComputing #VentureCapital #PrivateEquity
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Venture Capital Fuels European Quantum Software Pioneer Phasecraft, a UK-based quantum software startup, has secured $34 million in funding to accelerate its efforts in developing quantum algorithms for real-world applications—particularly in pharmaceuticals and energy sectors. This investment will support plans to double its 40-person team and expand R&D operations. Why It Matters Moving Toward Quantum Advantage Phasecraft is pushing the boundaries of quantum computing by providing software that can run on hardware platforms from Google, IBM, Quantinuum, and QuEra. The company’s goal is to achieve "quantum advantage," where quantum systems outperform classical counterparts in meaningful tasks.
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A new chapter for New Mexico’s innovation economy. Our CEO, Adam Hammer, published an op-ed in the Albuquerque Journal this week on why downtown #Albuquerque is poised to become one of the world’s leading quantum hubs. The Innovation District is ready to transform into a place where science turns into startups and New Mexico leads the global race in quantum. To accomplish these goals, Roadrunner Venture Studios's coalition will: ◾ Launch quantum ventures born in New Mexico, built for global scale ◾ Forge state-of-the-art infrastructure that rivals the nation’s top tech hubs ◾ Attract venture capital and multiply the state’s investment ◾ Train and support the next generation of quantum founders and builders This is more than a local project: it’s a blueprint for how America can lead in quantum by building intentionally, collaboratively, and at scale. Read Adam’s full vision here: https://lnkd.in/g39-jnqp #QuantumCompute #DeepTech #Innovation #NewMexico
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Espoo-based IQM Quantum Computers, a company specialised in full-stack superconducting quantum computers, has raised €275M in funding. This round marks the largest Series B raise ever in the quantum space, both in Europe and outside of the US. Read more about the deal here: https://lnkd.in/gQjmka3x Jan Goetz, Ten Eleven Ventures, Tesi, Alex Doll, Bayern Kapital #SiliconCanals #News #Funding
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💸 Phasecraft raises $34M to bring quantum computing to the real-world The round was co-led by Plural, existing investor Playground Global, and Novo Holdings’ Quantum Fund in its first direct quantum software investment, the round also included participation from existing investors LocalGlobe, AlbionVC, and Parkwalk Advisors. Ashley Montanaro, Co-Founder and CEO of Phasecraft, said: “We’re actively creating quantum advantage at Phasecraft. Our algorithms are delivering meaningful results now, whether it’s simulating the physics of complex materials or optimising the structure of a large energy network, whilst our partnerships with the world’s top quantum hardware providers increase the impact our algorithms will have for commercial applications." 📖 Find out more here: https://lnkd.in/eZBPxziR #StartupsMagazine #Startups #Entrepreneur #Fundraising #Funding #Investment
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Quantum computing always used to feel like “the future.” But I’ve had the chance to see what’s happening around the University of Cambridge and the wider UK Quantum Technologies Programme, and it’s clear it’s happening right now. What’s exciting is the mix of players driving it forward: - Startups like Riverlane and Nu Quantum taking bold bets. - Research hubs at Cambridge and across the UK pushing the science. - Enterprises like Quantinuum exploring how to actually scale it in the real world. We’ve seen this recipe before. Fintech in London thrived because startups and big firms collaborated instead of competing. Quantum feels like it’s on a similar journey. This blend of science, startup energy and enterprise adoption is what makes the UK’s quantum ecosystem so powerful. And we’re not just talking theory anymore. We’re starting to see real-world impact: - In finance, with quantum simulations for risk and portfolio optimisation. - In health, with early work on drug discovery and molecular modelling. - In energy, where optimisation could change how grids and renewables are managed. It still feels early(ish) days, but the shift from potential to impact is already underway. Where do you think we’ll see the biggest breakthroughs? #QuantumComputing #Innovation #Cambridge #DeepTech #WeAreCGI
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President, American Energy Society
2wKaren Decker and Erica Wood … we were just talking about the kpi power of ONE! Btw, Logan Jenkins is a rock star and can provide valuable advice for the OCC and the CSVS. Brilliant.