Quantum Machines establishes cooperation with Toyota Group
On July 5, Israeli quantum company Quantum Machines and Toyota Tsusho, a member of Toyota Group, announced the establishment of a partnership to provide Japanese customers with cutting-edge quantum technology solutions.
Image source: Quantum Machines
Toyota Tsusho has been developing its quantum computing business since 2017, and this partnership will provide innovative quantum control solutions to support long-term development goals and quantum computing vision.
Content source:
https://www.quantum-machines.co/blog/toyota-tsusho-partners-with-quantum-machines-to-provide-quantum-solutions-for-japanese-market%ef%bf%bc/
Oxford Quantum completes 38 million pounds in Series A financing
On July 5, Oxford Quantum Circuits (OQC) announced the completion of 38 million pounds in Series A financing. This is currently the largest quantum computing Series A financing in the UK. This investment will accelerate the Asia-Pacific R&D in the region.
Image source: Oxford Quantum
This round of financing was jointly led by Lansdowne Partners and Japan’s largest deep technology venture capital fund, University of Tokyo Edge Capital Partners (UTEC). British Patient Capital and existing investors Oxford Scientific Enterprises (OSE) and Oxford Investment Consultants (OIC) are also involved. Ilana Wisby, chief executive of
OQC, said: “This financing is the UK’s largest ever quantum computing Series A round and demonstrates the confidence investors have in us. The first step in expansion.
Content source:
https://oxfordquantumcircuits.com/oqc-series-a-38-million
Infineon plans to launch 100+ qubit chips within 5 years
July 6, Infineon Company and Oxford Ionics have announced a collaboration to build a high-performance and fully integrated quantum processing unit (QPU). Oxford Ionics' unique Electronic Qubit Control (EQC) technology, combined with Infineon's engineering and manufacturing capabilities, will lay the foundation for industrial production of QPUs delivering hundreds of qubits over the next five years.
Image source: Infineon
Content source:
https://www.infineon.com/cms/en/about-infineon/press/market-news/2022/INFXX202207-098.html
German Electron Accelerator Center joins IBM Quantum Network
7 Month 5 On July 1, the German Electron Accelerator Center DESY and IBM reached an agreement on quantum computing, and DESY became a member of the IBM Quantum Network. DESY hopes to explore new technologies to more effectively solve the engineering problems of quantum computers in the future and solve challenges that classical computers cannot cope with. IBM hopes to identify important application areas for this emerging technology through this collaboration.
Image source:IBM
IBM will provide DESY’s newly established Center for Quantum Technologies and Applications (CQTA) with access to IBM quantum computers. In addition to purely scientific questions, there is also a need to research industrial-level applications of quantum computers.
IBM researcher Heike Riel said: "As a member of the IBM Quantum Network, DESY will continue to expand the ecosystem in Germany and use its fundamental knowledge in studying matter to solve important problems in society, science and industry."
content Source:
https://www.desy.de/aktuelles/news_suche/index_ger.html?openDirectAnchor=2326&two_columns=0
Israeli Quantum Company completed a $15 million seed round of financing
On July 4, a quantum computing startup based in Israel Quantum Source has received $15 million in seed funding.
The company, founded by Oded Melamed, Gil Semo, Dan Charash and senior scientist Professor Barak Dayan, founder and head of the Quantum Optics Laboratory at the Weizmann Institute of Science, aims to scale quantum computers to millions of qubits .
Content source:
https://thequantuminsider.com/2022/07/04/israel-based-startup-quantum-source-out-of-stealth-with-15m-seed-round/
Quantum computing is expected to play a role in climate change Demonstrating potential advantages
On July 7, quantum data analysis platform Ingenii Inc. collaborated with DeepScience Ltd. to combat climate change. DeepScience is a multi-solution company that provides a quantum computing platform that connects companies with funders and customers.
DeepScience Ltd. CEO Dahl Winters said: "With our expanding Quantum Global Optimizer platform, classical computing cannot be more efficient. Therefore, Ingenii is a key partner for our company's future success."
Content source:
https:// www.hpcwire.com/off-the-wire/ingenii-partners-with-deepscience-to-tackle-climate-change-with-quantum-computing/
