Qunnect completed $8 million Series A Round funding
Sector:
Computing
Telecom
Hardware
10/05/2022
New York, NY USA
Qunnect
completed $8 million Series A Round funding. Investors include
Airbus Ventures (lead), Quantonation, New York Ventures, Impact Science Ventures, Motus Ventures.
"We are very proud to announce the establishment of our state-of-the-art testbed in the US, especially significant news, given the announcement of the Nobel Prize for the elegant physics enabling quantum communication. This testbed will open the door for customers in financial services, critical infrastructure, and telecom to test our technologies in the New York metropolitan area," explains CEO Dr. Noel Goddard. "This project allows us to showcase our first-of-their-kind quantum memory and entanglement sources, as well as our quantum network support hardware for precise timing and qubit stabilization. On this journey, we are thrilled to have the support of Airbus Ventures, a leading quantum investor who shares our vision of developing quantum technologies to lead the next wave of ultra-secure communications."
About
Qunnect builds deployable quantum networking infrastructure for provably secure, scalable connectivity over existing fiber optic cables. Based in Brooklyn Navy Yard, Qunnect commercialized the first room-temperature quantum memory in 2021. Our Carina suite — entanglement sources and stabilization tools — powers live quantum networks in NYC and Berlin, and supports use cases in finance, energy, telecom, and defense.
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