Deep Tech Startups: Q-CTRL's $85 Million Funding Boost for Quantum Computing Growth
Tuesday, 8 October 2024, 04:13
Deep Tech Startups Are Reshaping Quantum Computing
Sydney startup Q-CTRL has raised an additional US$59 million (A$85 million) as part of an extended Series B, bringing the round to a total of $166 million. The newly announced funding exceeds the first two parts of Q-CTRL’s Series B. The company raised US$25 million in November 2021 and another US$27 million in early 2023.
Significant Growth for Q-CTRL in Quantum Computing
- Deep tech innovations aim at making quantum computing more accessible.
- Startups like Q-CTRL are paving the way for future technological advancements.
- This funding will help enhance their global expansion.
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