Welinq, a Paris, France-based company developing quantum interconnects based on neutral-atom technology, raised €5M in Pre-Seed funding.
The round was led by Quantonation, with participation from Runa Capital, and support from the Paris Region, the French National Quantum Initiative, the French Banque Publique d’Investissement, and the European Commission.
The company intends to use the funds to scale up quantum computing and enable quantum internet deployment.
Led by Tom Darras, Julien Laurat, Eleni Diamanti and Jean Lautier-Gaud, Welinq developed quantum memories that enable the storage and on-demand release of quantum information without altering its properties. By leveraging laser-cooled neutral-atom technology, the team has demonstrated with 90% the world record in storage-and-retrieval efficiency – a parameter indicating how much of the information is retained through the process without being lost on the way – with a qubit fidelity above 99%. The company is now developing its first product of highly-efficient quantum memory, which will be integrated, transportable and deployable in quantum computing and quantum communication infrastructures.
FinSMEs
23/01/2023