Last month quantum computing startup I need to calculate closed as much as $ 230 million from equivalent to Softbank‘S Vision Fund unit and Google Quantum AI. A few weeks later by Israel Quantum machines collecting a C series price $ 170 million conducted by PSG Equity.
If there is any tip last yr, these will likely be only the first of many large rounds this yr for quantum startups.
In fact, 2024 has set a new high level of dollars of projects invested in quantum – the level of calculations much faster and higher than traditional computers that may perform many complex calculations at the same time.
Last yr, quantum startups supported by Venture Capital raised $ 1.9 billion in 62 rounds, According to Crunchbase data. The dollar is a 138% jump from 789 million dollars collected in 67 rounds in 2023.
Another agreement that significantly increased these numbers: a financial package price $ 594 million landed by Palo Alto in California Psquantum from the Australian community of countries and Queensland government. The startup will use funds – a mixture of capital, subsidies and loans – to build a quantum computer in a place near the BRISBANE airport in Brisbane, Australia.
Nevertheless, even without this round, the variety of last yr would almost be in line with the previous highest level of $ 1.5 billion in 2022.
The explanation for optimism
The increase in financing of quantum startups has probably been stimulated by large corporations, including Google AND IBM last yr. These milestones have no signs of stopping – last month, Microsoft He said he created a new state of matter in the pursuit of making an extremely powerful machine – What does it call “topological qubit” based on the new physical composition.
Venture Capitalists at all times looking for one other large quantum startup for investing undoubtedly follow the news about these technological giants. In addition to the Psquantum round, there have been other huge rounds raised by startups, including:
- In January, Broomfield, based in Colorado Quantum – which was rejected Honeywell in 2021 and integrated with Cambridge quantum computing -calculated funds in the field of capital price $ 300 million at the valuation of enterprises in the amount of $ 5 billion.
- At the end of December Alphabet television version Sandboxaq – AI and Quantum computer startup – also raised a round of $ 300 million with a valuation of $ 5.6 billion.
- The aforementioned quantum machines that develop hardware solutions and software for control and operation of quantum computers have collected a round of $ 100 million in January last yr.
- Finally, in August in Great Britain Riverlane – which specializes in quantum errors correction technology – he collected a C. series with a value of $ 75 million
A variety of the same
There is no reason to think that this yr it is going to not follow the project for the industry last yr.
One likely reason: generative AI. Quantum calculation could more than likely help in huge computing needs and consumption of energy stopping artificial intelligence.
Like the data centers, they saw billions of dollars in investments that may help in this problem, in addition to quantum calculation.
Quantum computers can be much stronger than any supercomputer. And although quantum calculation consumes a lot of energy, because the computer have to be kept at absolute zero temperature to work properly, the quantum will be even 100x more energy -saving than a typical supercomputer for comparable calculation times.
Even in addition to artificial intelligence, plainly many begin to warm up to the ability of technology to transform various industries, from healthcare and biotechnology to financial services to even defense.
That the whole lot will probably be too much for many projects to miss them.