Tech Company Financing Transactions
QuEra Computing Funding Round
On 11/22/2021, QuEra Computing raised $17 million in funding from Day One Investments, Frontier Capital and private investors.
Transaction Overview
Company Name
Announced On
11/22/2021
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The startup will use the fresh capital to develop customized algorithms to leverage the power of its architecture on quantum optimization and quantum simulation.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
1284 Soldiers Field Rd.
Boston, MA 02135
USA
Boston, MA 02135
USA
Phone
Website
Email Address
Overview
QuEra's quantum machines utilize nature's perfect qubits based on Rydberg atoms -- fast, high quality gates, and scalability to millions of qubits. Development machines (256-512 qubit) with full-stack software allowing quantum simulation and prototyping various algorithms accessible by the end of 2021.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Keesling
Chief Financial Officer
Irene Theodore
Chief Technical Officer
Nathan Gemelke
Co-Founder
Dirk Englund
Co-Founder
Markus Greiner
Co-Founder
Mikhail Lukin
Co-Founder
John Pena
Co-Founder
Vladan Vuletic
President
Thanos Pantazis
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We do our best to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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