SAN FRANCISCO, Feb. 11 (Xinhua) -- QuEra Computing, a U.S. Boston startup in neutral-atom quantum computing, on Tuesday announced it has completed a financing of more than 230 million U.S. dollars from new investors, including Google and SoftBank.
The funds will be used to accelerate the development and production of large-scale, fault-tolerant quantum computers, reinforcing the company's position at the forefront of quantum innovation, according to the announcement.
"This round represents a significant milestone for QuEra as we continue to deliver on our promise of scalable, fault-tolerant quantum computing," said Andy Ory, Interim CEO of QuEra. "This new investment will fuel our next phase of growth, enabling us to deliver large-scale quantum solutions that address critical business challenges for our customers."
"We believe quantum computing has the potential to revolutionize industries, and QuEra is at the forefront of making this technology accessible and transformative ... unlocking new possibilities in AI and beyond," said Kentaro Matsui, managing partner of SoftBank Investment Advisers.
