Quantum Motion adds investors to its Series C for silicon quantum computers

Quantum Motion/Full-Stack Silicon CMOS Quantum Computer

Quantum Motion closed a second tranche of its Series C round, which the company says will fund its fault-tolerant silicon hardware and a new US lab. The article does not state the size of the new money.

• DCVC and Kembara led the Series C; the second close added imec.ventures, Lansdowne Partners, Sony Innovation Fund, S3 Ventures and Inkef.
• Funds go to scaling its silicon hardware, co-developing custom chips with manufacturers, and expanding internationally with a new US lab in Maryland.
• The money also supports the company's work in the second stage of a DARPA quantum benchmarking program.