Quantum tech

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Peter Sarlin’s Qutwo hits $380m valuation in an angel round

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After selling Silo AI to AMD for $665m, the Helsinki entrepreneur is doing it again. Qutwo’s angel round prices a quantum-classical orchestration layer with no quantum hardware shipping yet, and customers already paying tens of millions for it. There is a particular kind of European startup story that is not supposed to happen at this […]

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eleQtron closes €57m Series A, one of Europe’s largest quantum-computing rounds

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Quantum computing has, for most of its commercial existence, been a category in which European labs do exceptional research and US and Asian companies do most of the venture funding. On Tuesday, the German trapped-ion quantum-computing scale-up eleQtron announced that it has closed a €57m Series A round, one of the largest of its kind […]

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Zapata Quantum raises $15 million after emerging from bankruptcy

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The oversubscribed financing, led by Triatomic Capital, caps a restructuring that addressed $18.7 million in debt, converted $10 million of that to equity, and preserved 60-plus patents. The company had been days away from liquidation in late 2024. Zapata Quantum announced on 23 April 2026 that it has completed an oversubscribed $15 million financing led […]

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OrangeQS raises €15M and brings hardware makers into the solution

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The Dutch startup, the only company offering a dedicated commercial solution for quantum chip testing, raised a €3M extension to its June 2025 seed round from the European Innovation Council Fund. The accompanying MAX Partnership Programme gives quantum chip makers a structured way to shape the next generation of OrangeQS’s high-throughput test equipment. OrangeQS, the […]

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Quantum computing pioneer Chad Rigetti is back

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Sygaldry Technologies has raised $105M in a Series A led by Breakthrough Energy Ventures, following a $34M seed from Initialized Capital. Its quantum-classical hybrid servers target the $5.2T in AI infrastructure investment projected through 2030. Sygaldry Technologies, an Ann Arbor-based startup building quantum-accelerated AI servers, has raised $139 million across a $34 million seed round […]

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France bets €500 million that quantum computing is the tech race Europe can finally win

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Europe has spent a decade watching American and Chinese companies capture every major technology wave, cloud, mobile, social, AI. Quantum computing may be the exception. A cluster of French startups, backed by €500 million in government funding and underpinned by some of the world’s strongest physics research, is positioning France as a serious contender in […]

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Quanscient and Haiqu run the most complex quantum fluid simulation yet, on IBM’s Heron R3

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A new quantum algorithm ran a 15-step nonlinear fluid simulation around a solid obstacle on real quantum hardware, the most physically complex publicly documented demonstration of its kind. The technique reduces qubit requirements and circuit depth, bringing industrial CFD applications closer to feasibility. Finnish simulation company Quanscient and quantum middleware developer Haiqu have demonstrated what […]

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Finnish quantum unicorn IQM lands €50M from BlackRock

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The Helsinki-based company, which builds and sells full-stack superconducting quantum computers for on-premises deployment, disclosed the financing today. It was secured before the February announcement of IQM’s SPAC merger with Real Asset Acquisition Corp at a $1.8B valuation. IQM Quantum Computers has secured a €50 million financing package, approximately $57.6 million, from funds and accounts […]

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French quantum startup Pasqal to list on Nasdaq via SPAC at a $2bn valuation

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The neutral-atom quantum computing company, co-founded by Nobel laureate Alain Aspect, has announced a business combination with Bleichroeder Acquisition Corp. II, with the deal expected to close in the second half of 2026. When Alain Aspect shared the Nobel Prize in Physics in 2022, the citation concerned experiments performed decades earlier, precise measurements of quantum […]

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French quantum startup Pasqal to list on Nasdaq via SPAC at a $2bn valuation Read More »

VC Quantonation closes €220M fund to back next-gen physics tech

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A Paris-based venture firm that has quietly shaped the quantum technology scenery is now making a much louder statement about Europe’s role in the future of computing, materials science, and sensing. Quantonation Ventures has today announced the successful close of its second flagship fund at €220 million, more than double the size of its first […]

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