• Wed. Nov 22nd, 2023

    Critical Thought

    Critical thoughts on quantum technologies

    Quoherent Inc. Receives $4.7 Million in Funding for Groundbreaking Quantum Computing Technology

    ByByron Bekker

    Nov 19, 2023
    Quoherent Inc. Receives $4.7 Million in Funding for Groundbreaking Quantum Computing Technology

    Quoherent Inc., a leading company in the field of quantum computing, has recently secured $4.7 million in Series Seed financing. This funding will be used to advance the development of Quoherent’s revolutionary room-temperature, edge-capable quantum processors, which have the potential to revolutionize the world of computing as we know it.

    The funding round was led by Morpheus Ventures, a prominent venture capital firm with a strong focus on disruptive technologies. Quoherent was also supported by other prominent investors, including Draper Associates, Khosla Ventures, and Alpha Edison. The addition of these investors to the Quoherent team is expected to greatly accelerate the company’s roadmap and enable the delivery of industry-changing quantum processors.

    Quoherent’s innovative quantum processors, which are based on solid-state quantum qubits, represent a significant advancement in the field of quantum computing. Unlike traditional quantum computers, which require extremely cold temperatures to operate, Quoherent’s processors can function at room temperature. This breakthrough technology opens up new possibilities for the integration of quantum computing into everyday applications and mobile platforms.

    “We are thrilled to have the support of these leading investors,” said Roberto DiSalvo, CEO & Co-Founder of Quoherent. “Their expertise and resources will help us expedite the development of our quantum processors and bring them to market faster.”

    Quoherent’s vision for the future of quantum computing is ambitious and far-reaching. By harnessing the power of solid-state technology and ambient temperature operation, the company aims to expand the capabilities of quantum computing and surpass the limitations of classical computers. This groundbreaking approach has attracted the attention and support of investors who recognize the transformative potential of Quoherent’s technology.

    In addition to its financial backers, Quoherent has also established strategic collaborations with research institutions and universities. These partnerships are aimed at fostering a robust ecosystem around Quoherent’s quantum technology and further advancing its development. By working closely with experts in the field, Quoherent remains committed to realizing its vision of delivering quantum computing at the edge, where and when it is needed.


    What is quantum computing?
    Quantum computing is a type of computing that utilizes quantum bits, or qubits, to perform calculations. Unlike traditional bits, which can represent either a 0 or a 1, qubits can represent both values simultaneously thanks to the principles of quantum mechanics.

    What is room-temperature quantum computing?
    Room-temperature quantum computing refers to the ability to perform quantum computations using quantum processors that operate at normal room temperature, eliminating the need for extreme cooling measures. This opens up new possibilities for integrating quantum computing into everyday applications.

    How does Quoherent’s technology differ from traditional quantum computing?
    Quoherent’s technology is based on solid-state quantum qubits that can operate at room temperature. This eliminates the need for expensive and complicated cooling systems, making the technology more accessible and practical for a wide range of applications.

    – Morpheus Ventures: [www.morpheus.com](www.morpheus.com)
    – Draper Associates: [www.draper.vc](www.draper.vc)
    – Khosla Ventures: [www.khoslaventures.com](www.khoslaventures.com)
    – Alpha Edison: [www.alphaedison.com](www.alphaedison.com)