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Lightsynq Secures $18M Series A for Quantum Interconnects
Slice of Technology Team
November 25, 2024
Key Highlights:
Lightsynq Technologies secures $18M Series A funding to develop scalable quantum interconnect technology.
Led by Cerberus Ventures with support from Murata, IAG Capital, Safar Partners, and others.
Founders: former Harvard and AWS Quantum Networking experts Dr. Mihir Bhaskar, Dr. Bart Machielse, and Dr. David Levonian.
Technology addresses quantum scaling through diamond-based photonic devices, enabling multi-system quantum networks.
Funding accelerates development of hardware linking quantum processors for industrial applications.
Source: Business Wire
Notable Quotes:
“For quantum to have real commercial applications—from chemistry to cybersecurity—we need to reach million qubit systems. Lightsynq’s quantum interconnect hardware will offer the best solution to achieving those objectives.”
“Lightsynq plays a critical role in making quantum computing scalable, driving innovation across sectors.”
“E6's investment in Lightsynq marks the culmination of our strategic partnership and accelerates quantum computing's next frontier.”
Our Take:
Lightsynq's Series A funding signals strong investor confidence in solving quantum computing's scalability challenges. The startup’s focus on diamond-based photonic interconnects represents a critical step toward linking quantum processors, addressing the bottleneck of single-system scaling. Backing by leading venture firms and industry experts validates Lightsynq's innovative approach, positioning it as a key player in advancing commercial quantum computing applications across industries like healthcare, materials science, and cybersecurity.
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