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Seeqc Gains Over $11 Million in Funding to Introduce Fully Digital Quantum Computing

Apr 09, 2020over 5 years ago

Amount Raised

$11 Million

Elmsford

Description

Seeqc, the Digital Quantum Computing™ company, today announced funding of $5 Million from M Ventures, the strategic corporate venture capital arm of Merck KGaA, Darmstadt, Germany to develop commercially viable quantum computing systems for problem-specific applications.

Company Information

Company

Seeqc

Location

Elmsford, New York, United States

About

Seeqc is developing the first fully digital quantum computing platform for global businesses. Seeqc combines classical and quantum technologies to address the efficiency, stability and cost issues endemic to quantum computing systems. The company applies classical and quantum technology through digital readout and control technology and a unique chip-scale architecture. Seeqc’s quantum system provides the energy- and cost-efficiency, speed and digital control required to make quantum computing useful and bring the first commercially-scalable, problem-specific quantum computing applications to market.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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