<div>
  <ul>
    <li>
      <p>
        Hardware-agnostic quantum computing platform provider Strangeworks has raised USD 24 million in a Series A funding round led by Hitachi Ventures, along with participation from other corporate venture capital funds, including IBM and Raytheon. This brings the total funds raised by the company to USD 28 million. 
      </p>
    </li>
    <li>
      <p>
        The raised funds will be used to expand the company&rsquo;s team and will also be used in product development initiatives in areas such as quantum-inspired, high-performance computing and AI.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://strangeworks.com/press/strangeworks-success-drives-ecosystem-expansion-24m-series-a">
      Company Press Release
    </a>
  </p>
  <p>
    <a href="https://thequantuminsider.com/2023/03/21/strangeworks-lands-24-million-series-a-continues-to-drive-ecosystem-expansion/">
      The Quantum Insider
    </a>
  </p>
  <p>
    <a href="https://quantumcomputingreport.com/strangeworks-closes-24-million-in-series-a-funding/">
      Quantum Computing Report
    </a>
  </p>
  <p>
  </p>
</div>


Quantum Computing

Strangeworks raises USD 24 million in Series A funding

Google achieves quantum breakthrough in error correction

Quantum Motion raises GBP 42 million in Series B

Sandbox AQ raises USD 500 million in venture funding

Quantum Brilliance raises USD 18 million in venture funding

Rigetti unveils updated strategic roadmap; lays off 28% of its workforce

Terra Quantum secures investment from Investcorp

SeeQC partners with BASF to explore quantum tech in industrial chemical applications

Classiq partners with Microsoft to launch quantum academic program

Oxford Quantum Circuits raises GBP 869,000 to explore Japanese market

Q-CTRL raises USD 27.4 million in extended Series B round

PsiQuantum, Atom Computing, and Microsoft team up for DARPA program

Pasqal raises EUR 100 million Series B

Xanadu Quantum Technologies receives CAD 40 million investment from Canadian Government

Welinq raises EUR 5 million in pre-seed funding round

IonQ to open the first US quantum computer factory; invests USD 1 billion in quantum development

IonQ acquires Entangled Networks to absorb quantum networking technologies

Oxford Ionics raises GBP 30 million in Series A funding

China claims to have broken classical encryption using quantum technology

Israel invests USD 33 million to accelerate quantum technology development

Classiq and Q-CTRL team up to accelerate quantum algorithm development

Rigetti reports 31% QoQ revenue growth in Q3 2022

IonQ meets revenue projections in Q3 2022; partners with Dell Technologies

IBM unveils 433-qubit processor; teams up with Bosch and Vodafone to develop quantum solutions

All Updates