The National Reconstruction Fund Corporation (NRFC) has made a $13 million equity investment in Quantum Brilliance (QB), a diamond quantum technology company. The NRFC’s investment will be used by QB to create one of the world’s first foundries for quantum diamond devices. Quantum diamond devices are key components in emerging quantum computing and sensing technologies.

Qblox, a leading innovator in quantum technology, announces the successful closure of its Series A funding round, securing $26 million in investment led by Quantonation and Invest-NL Deep Tech fund and with the participation of QDNL participations and the European Innovation Council (EIC).

LightSolver, inventor of a new laser-based computing paradigm, today announced that it has been selected for the European Innovation Council (EIC) Accelerator Program. The company will receive an initial grant of €2.5 million from the EIC Fund combined with a future equity investment of €10 million, totaling €12.5M. This recognition places LightSolver among 68 companies chosen from a highly competitive pool of 969 applicants.

Quantum Transistors, a pioneer in advanced quantum processor development, has been awarded up to €17.5 million by the European Innovation Council (EIC). Quantum Transistors received an initial grant from the EIC Accelerator of €2.5 million combined with a future equity investment of €15 million through the EIC Fund.

QuiX Quantum, a European leader in photonic quantum computing hardware, proudly announces its selection by the European Innovation Council (EIC) Accelerator program, a key initiative of the European Commission. Being granted the EIC Accelerator highlights QuiX Quantum's innovative contributions and secures financial support for their cutting-edge projects.

Foresight Group, the leading listed infrastructure and regional private equity investment manager, has led a £2.2 million growth capital investment into Cavero Quantum Ltd alongside co-investor, Northern Gritstone.

UKQuantum, the consortium for the UK quantum industry, has today launched its Manifesto for the UK’s quantum sector, making specific recommendations to the next government to ensure the UK maintains its position as a global quantum technology leader.

The leading European QKD manufacturer, LuxQuanta, emerges as one of the winners among the 42 selected companies of the highly competitive European Innovation Council (EIC) Accelerator program.