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QuEra Computing Completes $230M Financing Round

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BOSTON, Feb. 13, 2025 — Neutral-atom quantum computing company QuEra Computing has completed a financing round of more than $230 million. The company plans to use the funds to accelerate technological development and rapidly expand its team of scientists and engineers, with a focus on technical and scientific talent, and to strengthen build and test capacity to scale up and meet growing demand for high-performance neutral atom quantum computers. The financing validates technical advancements achieved in collaboration with Mikhail Lukin, Markus Greiner, and their teams at Harvard as well as Vladan Vuletic and...Read full article

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    Published: February 2025
    Glossary
    quantum
    The term quantum refers to the fundamental unit or discrete amount of a physical quantity involved in interactions at the atomic and subatomic scales. It originates from quantum theory, a branch of physics that emerged in the early 20th century to explain phenomena observed on very small scales, where classical physics fails to provide accurate explanations. In the context of quantum theory, several key concepts are associated with the term quantum: Quantum mechanics: This is the branch of...
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