Quantum Source: The Israeli firm creating the chips the Quantum Computing revolution needs
VC Grove Ventures’ portfolio company Quantum Source aims to develop a photonic quantum computer that could revolutionize computing capabilities. The Israeli startup, founded by scientists and chip executives, believes its technology will overcome key challenges faced by other companies in the quantum computing field. Quantum Source’s technology is based on photons (light particles), and aims to create large, stable quantum computers that are 50,000x more efficient than current state-of-the-art implementations. The company has raised $15 million in funding through investments from leading Israeli venture capital firms, like Grove Ventures, and plans to complete the development of its quantum processor within five years.
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The Israeli Firm Creating the Chips the Quantum Computing Revolution Needs