27-08-2015 10:59 via electronicsweekly.com

UK quantum computing start up gets first round funding

Grupo Arcano has invested in Cambridge Quantum Computing (CQCL). Although undisclosed, the amount has been reported to be $50m by Tech City News.
Established in early 2013 CQCL was founded to create tools and algorithms for the commercialisation of quantum computers. It has an operating system called ‘ t|ket> ‘ and is focusing on field including: cryptography, financial services,  medicine, biotech, and big data.
“After just over two years of being self-funded, the tech
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