Grupo Arcano has invested in Cambridge Quantum Computing (CQCL). Although undisclosed, the amount has been reported to be $50m by Tech City News.
Established in early 2013 CQCL was founded to create tools and algorithms for the commercialisation of quantum computers. It has an operating system called ‘ t|ket> ‘ and is focusing on field including: cryptography, financial services, medicine, biotech, and big data.
“After just over two years of being self-funded, the technology investing company Grupo Arcano invested in and has become an important shareholder of CQCL. The amount of the investment and the percentage ownership owned by Grupo Arcano is confidential and is not disclosed,” said CQCL. “The funding allows CQCL to accelerate and build on its position as the world’s leading independent Quantum Computing company with a focus on developing a Quantum Operating System including a platform for developing a quantum processor, and on related algorithms and software.”
CQCL has posted some technical information about quantum computing.
from News http://ift.tt/1Kmjver
via Yuichun
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