Five Aussie startups that raised $58.5 million this week
Quantum computing startups were once again in the mix of funding news this week, with five Aussie companies raising a combined $58.5 million.
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Quantum computing startups were once again in the mix of funding news this week, with five Aussie companies raising a combined $58.5 million.
A new report has revealed that AI and climate tech startup funding is going well, despite overall investment dropoff.
Silicon Quantum Computing (SQC), an Australian quantum computing hardware manufacturer, has successfully concluded a Series A capital raising, securing $50.4 million.
Despite originally aiming for $130 million, Silicon Quantum Computing has landed $50 million in a sluggish funding environment.
Michelle Simmons says her quantum computing venture, fresh with new funding from CBA and Telstra among others, is on track to earn revenue within five years.