memQ

memQ develops quantum networking technology utilizing quantum memory to create an asynchronous optical interconnect, using erbium ions as qubits integrated directly onto the silicon photonics platform. memQ is building the capability to generate, store, and distribute quantum information across the existing C-band telecom infrastructure. By leveraging the same infrastructure used for data transfer today, memQ's quantum technology aims to enable new capabilities enabled by entanglement, such as creating quantum sensor networks and connecting quantum computer modules for real-world use cases.

memQ's technology offers native scalability from the silicon-on-insulator platform, the standard for integrated photonics, and achieves compatibility with existing telecom networks by using erbium qubits operating at the wavelength of light used in optical fiber networks. The company is focused on developing an on-chip quantum repeater built on their solid-state platform, enabling the quantum internet.

memQ was co-founded in 2021 as a spin-out from the University of Chicago and Argonne National Laboratory. It received non-dilutive funding from the Department of Energy and raised USD 2 million in seed funding from investors like Quantonation in February 2023. memQ is currently incubated at Duality and Chain Reaction Innovations, leveraging resources and mentorship from these programs.