The University of Connecticut and Yale University provide seed grants through a public-private partnership named QuantumCT to nine Connecticut-based research groups. These research results will help QuantumCT plan long-term research eligible for competitive funding through the National Science Foundation’s Regional Innovation Engines. QuantumCT aims to establish the state as a globally renowned destination for quantum education, research innovation, job training and talent employment.

Cavero Quantum, a passwordless cryptography technology company spun off from the University of Leeds, has secured £2.2 million in funding from Foresight and Northern Gritstone. This funding will be used to commercialize its technology and launch its first product. The company claims that this will be the world's first solution to replace security standards such as ECDH without affecting the architecture and customer experience. It can protect communications from attacks by classical and future quantum computers and can be deployed on any device.

Wave Photonics has received £4.5M ($5.8M) to develop on-chip photonics designs for quantum technologies, sensors, and datacentre applications. The UK Innovation & Science Seed Fund and Cambridge Enterprise led the round, with participation from the Redstone and QAI Ventures’ Quantum Fund, Kyra Ventures, and Deep Tech Labs. The investment round was complemented by non-dilutive funding via EIC and Innovate UK grants, taking the company’s total funding to date to £5.4M ($6.9M). 

Zero Point Cryogenics, a manufacturer of dilution refrigerators, recently announced that it has successfully secured a non-dilutive funding of $2.67 million CAD. This funding comprises $1.95 million CAD from PrairiesCan’s Regional Quantum Initiative and $723,500 CAD from the City of Edmonton’s Edge Fund. The company said that this funding will be used to accelerate product development, expand its team, and drive global sales.

The quantum researchers at the École Polytechnique Fédérale de Lausanne (EPFL) have recently secured funding from the ETH-Domain Quantum-Technology Network (QTNet) program to aid them in procuring quantum hardware, enabling further development and application of quantum technologies. It is understood that 12 projects, led by 11 quantum researchers from the university, have been granted funding, with each receiving between CHF 30k to 300k, depending on their specific needs.

MicroAlign, a spin-off from the Eindhoven University of Technology, announced today that it has closed €1 million in seed-funding to accelerate the commercialization of high-accuracy fiber arrays. The funding round was led by the Dutch venture capital firms DeepTechXL and PhotonVentures. MicroAlign’s fiber array product is a key enabling technology for quantum photonic computing applications, Exponential benefits in quantum computing efficiency can be indeed achieved with a high-accuracy fiber array component.