Qolab, Los Angeles, CA-based quantum computing hardware company, received an investment from Applied Ventures.
The amount of the deal was not disclosed.
The company intends to use the funds to accelerate the development and manufacturing of superconducting qubits.
Led by CEO Alan Ho, Qolab is a quantum computing hardware company focused on developing high-coherence superconducting qubits and scalable quantum architectures. Beyond the investment, Qolab and Applied Materials have collaborated to develop a detailed technical roadmap paper titled “How to Build a Quantum Supercomputer: Scaling from Hundreds to Millions of Qubits” (https://arxiv.org/abs/2411.10406), a paper that outlines a strategy for achieving scalable quantum computing architectures.
FinSMEs
17/03/2025