Category Sponsorship Banner Left

Category Sponsorship Banner Right

Home Page Skin 160x1200 Contractor

Category Sponsorship Banner Middle

Thursday, 26 August 2021 00:02

Quantum Brilliance raises $13 million

By
Quantum Brilliance cofounders CEO Andrew Horsley, chief scientific officer Marcus Doherty and COO Mark Luo Quantum Brilliance cofounders CEO Andrew Horsley, chief scientific officer Marcus Doherty and COO Mark Luo

Australian-German full-stack quantum accelerator startup Quantum Brilliance has closed a $13 million seed investment round.

The round was led by the QxBranch founder Shaun Wilson and the Main Sequence investment consortium, and also involved CP Ventures, Investible, Jelix Ventures, MA Financial (formerly Moelis Australia) Growth Ventures Fund, R3I Ventures, and Ultratech Capital Partners.

"We are tremendously appreciative of the trust our investors have in our capabilities to deliver on our R&D and go-to-market plans,” said CEO Andrew Horsley.

Quantum Brilliance builds quantum accelerators using synthetic diamonds. This approach avoids the need for near absolute zero temperatures or complex laser systems.

The company is looking to build 50+ qubit quantum accelerators the size of a lunchbox by 2025.

Quantum Brilliance has its roots in The Australian National University’s diamond quantum science research group.

“It is wonderful to see venture investments in breakthrough research commercialisation spin-outs like Quantum Brilliance,” said ANU Vice-Chancellor Professor Brian Schmidt.

“If the University’s goal to create a billion-dollar company in the next five years is to happen, it will be through these joint efforts.”

“We are quietly confident Quantum Brilliance has all the foundations in place to be a globally significant company and to reshape the quantum computing industry," said Shaun Wilson, investor and founder of QxBranch, Australia’s first quantum computing applications company.

Main Sequence Ventures partner Bill Bartee said “We’re excited to support the Australian quantum industry and visionary companies like Quantum Brilliance who have a unique approach to designing and building quantum accelerators at the edge."

Read 950 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

SONICWALL 2022 CYBER THREAT REPORT

The past year has seen a meteoric rise in ransomware incidents worldwide.

Over the past 12 months, SonicWall Capture Labs threat researchers have diligently tracked the meteoric rise in cyberattacks, as well as trends and activity across all threat vectors, including:

Ransomware
Cryptojacking
Encrypted threats
IoT malware
Zero-day attacks and more

These exclusive findings are now available via the 2022 SonicWall Cyber Threat Report, which ensures SMBs, government agencies, enterprises and other organizations have the actionable threat intelligence needed to combat the rising tide of cybercrime.

Click the button below to get the report.

GET REPORT!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Stephen Withers

Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments