California-based quantum software startup QC Ware has raised USD 25 million in a Series B funding round co-led by Koch Disruptive Technologies and Covestro. Others also participated in the round, including Samsung Ventures and returning investors Citi, and Pegasus Tech Ventures.
The proceeds will be directed toward accelerating the development of Forge, the company’s cloud service platform that connects users with hardware providers. The funds will also be used to expand its team of engineers to meet growing customer demand for industry-specific algorithms.
QC Ware currently serves a diverse portfolio of customers, some of which are Fortune 500 companies, including Aisin Group, Airbus, BMW Group, Equinor, and Goldman Sachs.
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