Munich, Germany \u2014 Quan\u00adtum compu\u00adting start-up planqc today announ\u00adced a \u20ac4.6 million funding round led by UVC Part\u00adners and Speed\u00adin\u00advest. With this funding, planqc will deve\u00adlop highly scalable room-tempe\u00adra\u00adture quan\u00adtum compu\u00adters based on atoms in opti\u00adcal latti\u00adces. planqc was foun\u00added by a team of scien\u00adtists from the Max Planck Insti\u00adtute of Quan\u00adtum Optics and the Ludwig Maxi\u00admi\u00adlian Univer\u00adsity of Munich and is the first spin-off of the Munich Quan\u00adtum Valley, one of the leading centers for quan\u00adtum tech\u00adno\u00adlogy in Europe.<\/p>\n
Current digi\u00adtal quan\u00adtum compu\u00adters are limi\u00adted by both the number of qubits used and their gate quality. While the number of qubits limits the amount of infor\u00adma\u00adtion that can be proces\u00adsed, the limi\u00adted gate quality inevi\u00adta\u00adbly leads to errors in the result of a compu\u00adta\u00adtion (so-called noise). While these NISQ (short for noisy inter\u00adme\u00addiate-scale quan\u00adtum) compu\u00adters have recently outper\u00adfor\u00admed clas\u00adsi\u00adcal compu\u00adters on some abstract problems, they are still far from a \u201cquan\u00adtum advan\u00adtage\u201d for indus\u00adtry-rele\u00advant problems. TWAICE has increased sales by about 250 percent since May 2021. The company\u2019s growing custo\u00admer base includes more than five of the worl\u00add\u2019s leading auto\u00adma\u00adkers, as well as seve\u00adral major rene\u00adwa\u00adble energy storage deve\u00adlo\u00adpers and operators.<\/p>\n
plan\u00adqc\u2019s unique combi\u00adna\u00adtion of quan\u00adtum tech\u00adno\u00adlo\u00adgies is the fastest way to scale to thou\u00adsands of qubits, which is a prere\u00adqui\u00adsite for an indus\u00adtry-rele\u00advant quan\u00adtum advan\u00adtage. Quan\u00adtum compu\u00adters from planqc store infor\u00adma\u00adtion in indi\u00advi\u00addual atoms \u2014 by nature the best qubits \u2014 and arrange them in highly scalable arti\u00adfi\u00adcial light crys\u00adtals. Quan\u00adtum gates based on precis\u00adely control\u00adled laser pulses are used to process quan\u00adtum infor\u00adma\u00adtion. planqc bene\u00adfits from basic rese\u00adarch at the Max Planck Insti\u00adtute and the worl\u00add\u2019s leading laser and photo\u00adnics indus\u00adtry in Germany.<\/p>\n
Plan\u00adqc\u2019s foun\u00adding team brings toge\u00adther deca\u00addes of inter\u00adna\u00adtio\u00adnal rese\u00adarch on neutral-atom quan\u00adtum tech\u00adno\u00adlo\u00adgies at world-leading insti\u00adtu\u00adti\u00adons such as Harvard Univer\u00adsity, Oxford Univer\u00adsity, Univer\u00adsity of Cali\u00adfor\u00adnia Berke\u00adley, Univer\u00adsity of Colo\u00adrado, Univer\u00adsity of Inns\u00adbruck, CQT Singa\u00adpore, and MPQ. The foun\u00adding team is comple\u00adted by multi-super\u00advi\u00adsor and finan\u00adcial expert Ann-Kris\u00adtin Achleit\u00adner and serial entre\u00adpre\u00adneur Markus Wagner, foun\u00adder of i5invest.<\/p>\n
Support for planqc conti\u00adnues to be provi\u00added by scien\u00adti\u00adfic advi\u00adsors Imma\u00adnuel Bloch and J. Igna\u00adcio Cirac. Both are direc\u00adtors at MPQ and are known for their pionee\u00adring work on quan\u00adtum simu\u00adla\u00adtion and quan\u00adtum infor\u00adma\u00adtion. In addi\u00adtion, quan\u00adtum algo\u00adrithm expert Dieter Jaksch, profes\u00adsor of physics at Oxford Univer\u00adsity and the Univer\u00adsity of Hamburg, was recrui\u00adted as an advi\u00adsor. \u201cThis world-class team combi\u00adnes the tech\u00adni\u00adcal and commer\u00adcial exper\u00adtise to build the worl\u00add\u2019s most powerful quan\u00adtum compu\u00adters,\u201d said Amanda Birken\u00adholz, invest\u00adment mana\u00adger at UVC Partners.<\/p>\n
About UVC Partners About planqc Munich, Germany \u2014 Quan\u00adtum compu\u00adting start-up planqc today announ\u00adced a \u20ac4.6 million funding round led by UVC Part\u00adners and Speed\u00adin\u00advest. With this funding, planqc will deve\u00adlop highly scalable room-tempe\u00adra\u00ad\u00adture quan\u00adtum compu\u00adters based on atoms in opti\u00adcal latti\u00adces. planqc was foun\u00added by a team of scien\u00adtists from the Max Planck Insti\u00adtute of Quan\u00adtum Optics and the [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":45432,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366,1369,1373],"tags":[],"class_list":["post-45434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","category-investors","category-venture-capital-en"],"yoast_head":"\n
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\nUVC Part\u00adners is a Munich and Berlin based early-stage venture capi\u00adtal firm inves\u00adt\u00ading in Euro\u00adpean B2B start-ups within the enter\u00adprise soft\u00adware, indus\u00adtrial tech\u00adno\u00adlo\u00adgies and mobi\u00adlity sectors. The fund typi\u00adcally invests between \u20ac0.5 million and \u20ac10 million at the outset and up to \u20ac30 million in total per company. The port\u00adfo\u00adlio compa\u00adnies bene\u00adfit from the exten\u00adsive invest\u00adment and exit expe\u00adri\u00adence of the manage\u00adment team as well as from the close coope\u00adra\u00adtion with Unter\u00adneh\u00admer\u00adTUM, Euro\u00adpe\u2019s leading center for inno\u00adva\u00adtion and busi\u00adness crea\u00adtion. With over 300 employees and more than 100 indus\u00adtry part\u00adners, Unter\u00adneh\u00admer\u00adTUM can draw on many years of expe\u00adri\u00adence in buil\u00adding young compa\u00adnies. This colla\u00adbo\u00adra\u00adtion allows UVC Part\u00adners to provide start\u00adups with unique access to talent, indus\u00adtry clients and other finan\u00adcial part\u00adners. www.uvcpartners.com<\/p>\n
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\nplanqc builds quan\u00adtum compu\u00adters and stores quan\u00adtum infor\u00adma\u00adtion in indi\u00advi\u00addual atoms \u2014 inher\u00adently the best qubits. Quan\u00adtum infor\u00adma\u00adtion is proces\u00adsed by arran\u00adging these qubits in highly scalable regis\u00adters and then mani\u00adpu\u00adla\u00adting them with precis\u00adely control\u00adled laser pulses. planqc features a unique combi\u00adna\u00adtion of quan\u00adtum tech\u00adno\u00adlo\u00adgies that opens the fastest path to quan\u00adtum proces\u00adsors with thou\u00adsands of qubits, crea\u00adting the neces\u00adsary condi\u00adti\u00adons for an indus\u00adtry-rele\u00advant quan\u00adtum advan\u00adtage. planqc was foun\u00added in April 2022 by Alex\u00adan\u00adder Gl\u00e4tzle, Sebas\u00adtian Blatt, Johan\u00adnes Zeiher, Lukas Reichs\u00ad\u00f6ll\u00adner toge\u00adther with Ann-Kris\u00adtin Achleit\u00adner and Markus Wagner. planqc is based in Garching near Munich. www.planqc.eu<\/p>\n","protected":false},"excerpt":{"rendered":"