BTQ Technologies Corp. (the "Company"), a global quantum technology company focused on securing mission-critical networks, is pleased to announce that it will receive up to $150,000 in funding from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

By partnering with SpinQ, TII successfully addressed its quantum research challenges, achieved cost efficiencies, and ensured the smooth progression of its projects. This collaboration highlights SpinQ's role in advancing quantum computing innovation on the global stage, contributing to the broader quantum ecosystem.

Quantum technology startup Quanfluence has raised $2 Mn (around INR 16.65 Cr) in a seed funding round led by pi Ventures.

Quantum Industry Canada (QIC), the national industry-led consortium dedicated to advancing Canada’s quantum technology sector, announced today the addition of three organizations that strengthen crucial links in Canada’s quantum value chain. ACA TMetrix, the University of Waterloo’s Institute for Quantum Computing, and the Perimeter Institute for Theoretical Physics bring distinct capabilities that enrich Canada’s quantum landscape and expand QIC’s collaborative reach.

Pasqal, a global leader in neutral-atom quantum computing, has announced the signing of a Memorandum of Understanding (MoU) with Sungkyunkwan University’s Quantum Information Research Support Center (Q Center). This collaboration marks a significant milestone in advancing the development and application of quantum computing technologies in South Korea and at a global level.

Multiverse Computing, a global leader in value-based quantum and quantum-inspired AI software solutions, today announced an investment from the largest Italian investor in venture capital CDP Venture Capital Sgr, as part of the company’s Series A round. The investment was carried out through two compartments of the Corporate Partners I fund, ServiceTech and Energytech, a corporate venture capital fund participated by some of the main Italian corporates as limited partners, including Baker Hughes, BNL BNP Paribas, Edison, GPI, Italgas, Snam and Terna Forward. Financial details of the investment were not disclosed.

The DLR Quantum Computing Initiative (DLR QCI) of the German Aerospace Center has selected IQM Quantum Computers (IQM), a global leader in superconducting quantum computers, to develop quantum embedding algorithms for the simulation of materials science systems.

Classiq Technologies, a leader in quantum computing software, and Alpine Quantum Technologies (AQT), a global pioneer in ion-trap quantum computing, today announced a strategic partnership to deliver seamless integration between Classiq’s enterprise-grade quantum algorithm design platform and AQT’s state-of-the-art ion-trap quantum computers.

Quantum computer manufacturing specialist SDT, announced that it has successfully raised KRW 20 billion (USD 14 million) in a pre-IPO funding round. This achievement marks a significant milestone as the company accelerates its plans to become Korea’s first publicly listed quantum technology firm by the second half of 2025.

Jij Inc. (Headquarters: Tokyo, Japan; CEO: Yu Yamashiro) and ORCA Computing Limited (Headquarters: London, United Kingdom; CEO: Richard Murray) are pleased to announce the establishment of a strategic partnership in quantum computing technology, marking a pioneering collaboration between Japan and the UK.