Team S on Newnex: Planqc, a quantum computing startup based in…

Planqc, a quantum computing startup based in Munich, Germany, raised…

Team S · 2024-07-15T07:12:06.000Z

Planqc, a quantum computing startup based in Munich, Germany, raised €50 million (~$54 million) in a Series A round . The funding will support the development of a quantum computing cloud service and applications in various industries, including healthcare, climate tech, automotive, and finance. Founded in 2022, planqc leverages research from the Max-Planck Institute for Quantum Optics, focusing on neutral atom-based quantum computing. The startup aims to scale fault-tolerant quantum computers and enhance computational power for diverse applications. https://www.photonics.com/Articles/Quantum_Startup_planqc_Raises_54M/p5/a70131

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Team S on Newnex: Planqc, a quantum computing startup based in…