Quantum Brilliance clears local barriers to raise $13m


Australian-German startup Quantum Brilliance has closed a $13 million seed investment co-led by a consortium of Main Sequence and the founder of QxBranch, an Australian quantum software spin-out which successfully exited in 2019.

Quantum Brilliance will now go on a hiring spree, seeking to bring on more than 100 new employees by the end of next year split across Australia and Germany. The company has a target to deliver quantum accelerators the size of a lunchbox with over 50 qubits by 2025.

Original article: https://www.innovationaus.com/quantum-brilliance-clears-local-barriers-to-raise-13m/

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