Multiverse Computing, a global leader in value-based quantum and quantum-inspired computing solutions and the largest quantum software company in the European Union, today announced it has secured a €25M (USD $27.1 million) oversubscribed investment round.

D-Wave Quantum Inc. (“D-Wave” or the “Company”), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, today announced that it is enabling research centers, academic institutions, and governments to purchase on-premises D-Wave Advantage quantum computing systems to help customers push the boundaries of quantum-fueled experimentation, development and usage.

SEEQC, the first company to create digital chips to power full-stack quantum computing systems that work with all quantum computing technologies – has raised $30 million to further accelerate the capabilities and commercial rollout of its chip platform. The round was led by NordicNinja and Booz Allen Ventures with participation from SIP Capital, alongside existing investors EQT Ventures, M-Ventures (Merck KGaA, Darmstadt, Germany) BlueYard Capital, FAM and Asset Management.

Quantum technology jointly developed at Nanyang Technological University, Singapore (NTU Singapore) and National University of Singapore (NUS) has now been spun off into a new deep tech startup, AQSolotl.

NVIDIA today announced it is working with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by the NVIDIA CUDA-Q platform.

ID Quantique (IDQ) is proud to announce it is partnering with ORCA Computing, a leader in quantum computing, to incorporate IDQ’s breakthrough single-photon detection technology in ORCA’s newest PT-2 photonic quantum computing system.

ORCA Computing today announced the unveiling of the PT-2, the latest advancement in its PT Series of photonic quantum systems. Building on the success of the PT-1, which has deployed seven on-premises systems, the PT-2 represents a significant leap forward in practical quantum computing.

QuEra Computing, a global leader in neutral-atom quantum computing technology, today announced it has been awarded a 6.5 Billion JPY contract (~US$41 million) by Japan’s National Institute of Advanced Industrial Science and Technology (AIST) to deliver a state-of-the-art quantum computer, advancing quantum capabilities in Japan. This computer will be installed on-premises alongside the NVIDIA-powered ABCI-Q supercomputer.

Partnering with researchers from Google Quantum AI and Macquarie University in Sydney, Australia, Wiebe developed an algorithm for simulating systems of coupled masses and springs on quantum computers. The researchers then provided evidence of the new algorithm’s exponential advantage over classical algorithms.

In the new study, the team formulated a quantum algorithm (a set of computer instructions) that can be used in theory to find low-energy states—what physicists call local minima—of any material. Their study theoretically proves that the algorithm will perform much better than its classical counterparts.