Quantum Source Extends Seed Round to $27M

Grove Ventures participated in a $12 million extension of the Seed round for its portfolio company Quantum Source, an Israel-based photonic quantum computing startup. The extension brings the total Seed round to $27 million, making it one of the largest Seed financings in the quantum computing field. Quantum Source aims to bring large-scale, fault-tolerant quantum computers to market using photonic quantum technologies, with a unique approach that improves scalability. The additional funding will be used to expand the company’s research and development team to achieve technical and performance milestones in the future.

>> Click here to read the full article originally published in CTech: https://www.calcalistech.com/ctechnews/article/byglu1hf3