Posts tagged "Silicon Quantum Computing"

Each December, the SmartCompany editorial team puts together a list of startups we will be paying close attention to in the new year.

Quantum computing startups were once again in the mix of funding news this week, with five Aussie companies raising a combined $58.5 million.

Despite originally aiming for $130 million, Silicon Quantum Computing has landed $50 million in a sluggish funding environment.

Researchers at the UNSW startup Silicon Quantum Computing have engineered a quantum processor at the atomic scale — a world-first in the race to build a quantum computer.

Australia has a strong research base in quantum technology, which could become a $4 billion industry by 2040 and create around 16,000 new, high-value jobs.