Quandela Secures $54M to Support Expansion
Date | 21st, Nov 2023 |
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Source | Photonics Media - Scientific News Websites |
DESCRIPTION
Photonic quantum computing company Quandela has secured more than €50 million ($54.7 million) from investors, public funding, and banking partners to support the company’s international expansion and industrial development. The capital increase, Quandela said, will enable it to expedite international expansion and increase production of its quantum computers to meet the needs of industrial clients.