QunaSys, Inc. (Headquarters: Tokyo, Japan; CEO: Tennin Yan), a leader in quantum computing algorithms and software development, has successfully raised JPY 1.7 billion in Series B2 funding. The round was led by ­Mirai Creation Fund III managed by SPARX Asset Management Co., Ltd. (Headquarters: Tokyo, Japan; President & CEO: Shuhei Abe), with additional participation from funds managed or co-managed by JIC Venture Growth Investments (VGF I), Fujitsu Ventures (Fujitsu Ventures Fund LLC), Mitsubishi Electric (ME Innovation Fund), Osaka University Venture Capital (OUVC No.2 Fund), KDDI (KDDI Open Innovation Fund III), and Kyocera (KVIF-I), and Zeon. QunaSys has signed a new JPY 500 million commitment line agreement with Sumitomo Mitsui Banking Corporation, and has agreed with KDDI and Kyocera to pursue capital and business partnerships alongside this fundraising.

The proposed 24-qubit quantum computing system will be based on Rigetti’s fourth generation Ankaa™-class architecture and will be made available to NQCC researchers for testing, benchmarking, and exploratory applications development.

QunaSys is proud to announce that it has been awarded funding from the Innovation Fund Denmark as part of the HyperTenQ project, an initiative aimed at advancing quantum computing for chemistry. With an investment of DKK 19 million, this prestigious grant recognizes QunaSys’s leadership in quantum computing and its potential to transform materials science, drug discovery, and sustainable technologies.

IonQ, a leader in the quantum computing and networking industries, today announced financial results for the quarter and full year ended December 31, 2024.

Welinq, a leading company in modular quantum computing and quantum networking, has achieved a significant milestone with the release of araQne, its first compiler designed for distributed quantum computing.

Quanscient, a startup based in Tampere, Finland and founded in 2021, is launching Quanscient Allsolve, a cloud-native B2B software-as-a-service (SaaS) multiphysics simulation platform utilizing the cloud computing power of AWS to accelerate the speed of physics simulations by over 100x.

Dr. Hyang-Tag Lim's research team at the Center for Quantum Technology at the Korea Institute of Science and Technology (KIST) has implemented a quantum computing algorithm that can estimate interatomic bond distances and ground state energies with chemical accuracy using fewer resources than conventional methods, and has succeeded in performing accurate calculations without the need for additional quantum error mitigation techniques.

Altair (Nasdaq: ALTR), a global leader in computational intelligence, and researchers from the Technical University of Munich have made a major breakthrough in the field of quantum computing for computational fluid dynamics (CFD). The breakthrough, published in the journal Computer Physics Communications, presents runnable code for quantum computers and quantum simulators that overcomes several key challenges of the quantum computing implementation of the Lattice-Boltzmann Method.

Kipu Quantum, the leading developer of novel hardware- and application-specific quantum computing algorithms, and QCentroid, a leading Quantum-as-a-Service (QaaS) provider, are pleased to announce their strategic partnership to advance quantum computing projects from Bizkaia to Spain, Latin America, and beyond.