The UK government is investing £121 million in quantum technology to tackle crime, fraud, and money laundering, while reinforcing its global leadership in the field and driving economic savings.

Sparrow Quantum, a leading European supplier of photonic quantum chips, has secured €21.5 million in Series A funding to accelerate the development and commercialization of its world-leading quantum chip technology. The investment round was led by PensionDanmark, with strong backing from EIFO and Novo Holdings and additional investments from existing investors 2xN, LIFTT, and the European Innovation Council. This investment will enable Sparrow Quantum to meet the growing demand for photonic quantum hardware by accelerating R&D, expanding chip production, and bringing next-generation quantum chips to market.

SandboxAQ, a global leader in enterprise quantitative AI, announced the addition of Ray Dalio, Horizon Kinetics, BNP Paribas, Google, and NVIDIA to its Series E funding round, which raised over $450 million. The investments underscore the confidence in SandboxAQ’s vision and the transformative power of its Large Quantitative Models (LQMs), which are redefining how enterprises leverage AI to tackle complex scientific and quantitative challenges.

Equal1 today unveils Bell-1, the first quantum system purpose-built for the HPC era. Unlike first-generation quantum computers that demand dedicated rooms, infrastructure, and complex cooling systems, Bell-1 is designed for direct deployment in HPC-class environments. As a rack-mountable quantum node, it integrates directly alongside classical compute—as compact as a GPU server, yet exponentially more powerful for the world’s hardest problems. Bell-1 is engineered to eliminate the traditional barriers of cost, infrastructure, and complexity, setting a new benchmark for scalable quantum computing integration.

Today, Amazon Web Services (AWS) announced Ocelot, a new quantum computing chip that can reduce the costs of implementing quantum error correction by up to 90%, compared to current approaches. Developed by the team at the AWS Center for Quantum Computing at the California Institute of Technology, Ocelot represents a breakthrough in the pursuit to build fault-tolerant quantum computers capable of solving problems of commercial and scientific importance that are beyond the reach of today’s conventional computers.

Quantum Machines (QM), a leading provider of advanced quantum control solutions, today announced it has raised $170 million in Series C funding, bringing the company’s total funding to date to $280 million. The investment comes as the majority of quantum computing companies now rely on QM’s technology to build and scale their systems. The highly oversubscribed round was led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners, and existing investors, and marks one of the largest rounds of funding in the quantum industry.

The U.S. Department of Energy’s Office of Science is announcing a Funding Opportunity of $625 million available to support National Quantum Information Science Research Centers to accelerate the transformational advances needed in Quantum Information Science.

Quobly, a cutting-edge quantum computing startup, today announced a transformative collaboration with STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, to produce quantum processor units (QPUs) at scale. By leveraging STMicroelectronics’ advanced FD-SOI semiconductor process technologies, this collaboration is set to make large-scale quantum computing feasible and cost-effective, positioning both companies at the forefront of next-generation computing technologies.

The nation’s first State of Australian Quantum report reveals the depth and strength of our national quantum sector. The Albanese Government has committed billions in funding for quantum and broader critical technologies since the launch of the National Quantum Strategy just eighteen months ago. This significant government investment has been backed in by private capital, with over $179 million invested in Australian quantum companies over the same time period.

The Netherlands will have a European pilot plant for photonic chips. This future generation of chips will process information with light instead of electrons. A total of 380 million euros in public investment has been made available for this project by Europe and eleven participating countries, which participate in the Chips Joint Undertaking for this project. Twente will receive a significant share, a mega-boost for chip technology in Twente.