Thursday, October 17, 2024
14.6 C
New York

QC Ware: Raises $25M in Series B Financing

QC Ware Raises $25M in Series B Financing

  • QC Ware, a Palo Alto, Calif.-based developer of quantum algorithms running on near-term quantum computing hardware, raised $25m in Series B funding
  • The company intends to use the funds to expand the team to support the accelerated development of Forge™
  • QCWare is a quantum software and services company which specializes in the development of applications for near-term quantum computing hardware
  • Its network of customers includes AFRL, Aisin Group, Airbus, BMW Group, Equinor, Goldman Sachs, and Total
  • QCWare Forge, the company’s flagship quantum computing cloud service, is built for data scientists with no quantum computing background
  • The company supports its European customers through its subsidiary in Paris

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Toss Securities promotes Gyubin Kim to CEO

Gyubin Kim has been promoted to CEO of...

UK challenger Monese to be acquired by fellow fintech Pockit

Pockit, a UK fintech, is acquiring Monese, a...

ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more

Bitlayer (Singapore) secured $9 million in a Series...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Related Articles

Popular Categories

spot_imgspot_img