USA – Quantum Source, a Rehovot Israel-based quantum computing company, is coming out of stealth mode with $15m in seed funding.
The round was co-led by Grove Ventures, Pitango First, and Eclipse Ventures.Quantum Source aims to enable scaling quantum computers to millions of qubits with its photonic technology. Large-scale photonic quantum computers are expected to instigate a revolution in entire industries. These quantum computers will accelerate, for instance, the development of new drugs, shorten the time pharma companies can introduce new medicines to the market, and support physicians with treatment optimization for complex diseases.The company was founded by three serial entrepreneurs and a Professor from the Weizmann Institute of Science: They include: 04/07/2022