Startup77’s Post

#fundingalert 💼Company: Kvantify 💰Funding: €10 Million ⚡Round: Seed 👥Investors: Dreamcraft Ventures, Lundbeckfonden / Lundbeck Foundation , 2degrees, Redstone VC, Danish lead Quantum VC , 2xN as well as EIFO. Kvantify is a pioneering quantum software company based in #Denmark. The company leverages quantum and high-performance computing to create revolutionizing solutions for complex scientific and industrial challenges. It’s mission is to make quantum computing technology widely accessible, and a valuable tool for businesses worldwide. Marco Stutz, Carsten Gjørtler Salling, Jacob Falck Hansen, Hans Henrik H. Knudsen, Allan Grønlund, Nikolaj Thomas Zinner, Albert J. Kooistra, Anders Christian Barlebo Read more - https://lnkd.in/gztZwgRz To share your startup story write us on - [email protected] #Kvantify #quantumsoftware #technology #businesses #revolutionizing #startup #fundraising #funding #news #startup

Quanfluence Raises $2 Million in a Seed funds for  Optical Ising Machine Quantum technology startup Quanfluence has secured two million dollars in funding led by pi Ventures with participation from Golden Sparrow and Reena Dayal founder of Quantum Ecosystems and Technology Council of India. #quantum #quantumcomputing #technology https://lnkd.in/d52YsxBK

AI quantum software startup Bloq Quantum has raised Rs 1.3 crore in a pre-seed funding round led by Inflection Point Ventures, a Gurugram-based angel investment firm. Bloq Quantum simplifies enterprise adoption of quantum computing with its user-friendly low-code interface. The startup plans to use the raised capital for product development and team expansion. Read the full story here: 👇 https://lnkd.in/d4f7w4ad #funding #startup #investors #technology ##quantumcomputing #indianstartupnews

“Quantum technology is not just a buzzword; it’s the next frontier of computational power,” said Hrant Ghairbyan, CEO & Co-Founder of BlueQubit. Czech Presto Ventures (Presto Tech Horizons) announced their newest investment – BlueQubit, a quantum startup based in San Francisco. 🌐 PTH is the only European investor in the €9.6 million ($10 million) seed round, led by Nyca Partners. 💰 💻 Check out the news: https://hubs.la/Q030bN0P0

VC funding for compute silicon startups in 2024 remained robust, with many companies achieving billion-dollar valuations. The strong emphasis on compute is creating significant opportunities in the communication domain, particularly in Ultra Ethernet and CXL-based switches, which address the next bottlenecks in achieving optimal performance. - Cerebras - Expecting IPO in 2025 - Tenstorrent - Raised $693M in series D round in 2024 - Groq - Raised $640M in series D round in 2024 - Etched.AI - Raised $120M in series A round in 2024 - D-matrix - Raised $110M in Series B round in 2023 - Matx - Raised $80M in series B round in 2024 - Rain.AI - Looking for $150M backed by OpenAI CEO Sam Altman - FlexAI - Raised $30M in seed round in 2024 #AI #silicon #compute #CXL Andrew Feldman Jonathan Ross Jim Keller Gavin Uberti Sid Sheth William Passo Brijesh Tripathi Bipin Shah Shailesh Rao Bala Joshi Murali Chirala Sailesh Kumar

“Quantum technology is not just a buzzword; it’s the next frontier of computational power,” said Hrant Ghairbyan, CEO & Co-Founder of BlueQubit. Czech Presto Ventures (Presto Tech Horizons) announced their newest investment – BlueQubit, a quantum startup based in San Francisco. 🌐 PTH is the only European investor in the €9.6 million ($10 million) seed round, led by Nyca Partners. 💰 💻 Check out the news: https://hubs.la/Q030bN1G0

“Quantum technology is not just a buzzword; it’s the next frontier of computational power,” said Hrant Gharibyan, PhD, CEO & Co-Founder of BlueQubit. Czech Presto Ventures (Presto Tech Horizons) and DEPO Ventures announced their newest investment – BlueQubit, a quantum startup based in San Francisco. 🌐 They are the only European investors in the €9.6 million ($10 million) seed round, led by Nyca Partners. 💰 💻 Check out the news: https://hubs.la/Q030bQhM0

We’re excited to share insights from our Quantum Startup Survey, expertly compiled by Joelle Boutari, PhD with a little input from me! The infographic below showcases the exciting and slightly surprising developments within the UK quantum ecosystem, including record-breaking investments and significant sector growth. Key takeaways: £342 million raised by startups between Q4 2023 and Q3 2024 💰 32% increase in employment across quantum companies 🚀 Strong growth in the sensing and computing segments 🔬 This year, we’ve also refined our analysis: Companies that have shifted away from quantum have been excluded from the overall count. In future updates, we plan to represent “associated” startups contributing to the wider ecosystem. The UK quantum landscape continues to thrive, and we’re proud to support and document its evolution. A huge thank you to everyone who contributed and made this possible! Want to learn more or share your input for future updates? Let’s connect and build the quantum future together. #QuantumTech #UKStartups #Innovation #QuantumComputing #Sensing #Simulation

NEW PORTFOLIO COMPANY⭐️ Thrilled to introduce BlueQubit from Silicon Valley! A #quantum software-as-a-service platform that's up to 100x faster than commonly available alternatives! The founders have successfully raised a $10M Seed funding round, led by Nyca Partners and supported by Chaac Ventures, Restive Ventures, Alumni Ventures, NKM Capital, BigStory VC, Formula VC, Untapped Ventures, Granatus Ventures, Presto Ventures, DEPO Ventures and others. Read more about their breakthrough technology 👇

Quantum technology startup Quanfluence has raised $2 Mn (around INR 16.65 Cr) in a seed funding round led by pi Ventures👇 The Bengaluru-based startup plans to deploy the fresh proceeds to scale up its near-term products and accelerate development of its quantum computer. Founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Anil Prabhakar, Aditi Vaidya and Sandeep Goyal, Quanfluence develops photonics-based quantum and quantum-inspired solutions. The startup was incubated at the IITM Incubation Centre. Quanfluence’s core technology includes an optical Ising machine that uses light waves as computational units. The system can process hundreds of interconnected variables simultaneously, making it 100x faster than traditional optimisation methods. To read the in-depth article, click here: https://4-2.co/3P8jFwx #news #quantum #technology #startup