Quantum Companies See Cash Injection: Week in Brief: 07/08/22

Quantum computing startup planqc closed a financing round of €4.6 million ($4.67 million) led by UVC Partners and Speedinvest. With the funding, planqc will develop a highly scalable quantum computer operating at room temperature and based on atoms trapped in optical lattices. The startup was founded by scientists from the Max Planck Institute of Quantum Optics and Ludwig Maximilians University.