eleQtron GmbH’s Post

Israel-Based LightSolver has Secured $13.66 Million Investment LightSolver, a Tel Aviv-based #laser-based computing business, got $13.66 Million from the EIC Fund, including €2.5M in early grants and €10M in equity investments. The company plans to utilize the money to grow faster in the high-performance computing (HPC) industry and to further the commercialization of its platform. Drs. Ruti Ben-Shlomi and Chene Tradonsky founded LightSolver in 2020 with the goal of developing a pure laser-based processing unit (LPUTM) that can surpass supercomputers and quantum computing. It operates at ambient #temperature, is scalable, and requires little power thanks to the use of all-optical linked lasers, which eliminate the need for electronics in computation. This allows the device to be as compact as a conventional desktop #computer. Read more - https://lnkd.in/eV2FsxBa To share your startup story write us on - contact@startuprise.org #Israel #LightSolver #FundingNews #SimultaneousScanning #Technology #Computing #Investment

🚀 Unlocking the Quantum Age: Insights from the Field 🌐 Dive into the fascinating world of quantum computing with our latest EuroQuity article. Witness how this emerging technology is not just theoretical but becoming integral to solving real-world challenges, from enhancing secure communications to pioneering new methods in material discovery. Discover insights into the evolution of quantum computing and its growing impact on various industries. 🔗 Read the full insights here: https://lnkd.in/dxEe5kb4 Noteworthy Developments: - 🧬 Enhancing complex problem-solving across sectors - 🔐 Setting new standards in cybersecurity - 📊 Transforming data analytics and simulations - 🌍 Facilitating breakthroughs in scientific research In collaboration with our partners, the ACCELERO project supports the exploration and understanding of quantum computing’s potential, contributing to a broader dialogue on its role in driving future innovations. Special thanks to our network and the support from the European Innovation Council and SMEs Executive Agency (EISMEA): EurA AG, EBN - European Business & Innovation Centre Network, bwcon, BIC Innobridge, EuroQuity - Bpifrance, and Krakowski Park Technologiczny | Krakow Technology Park. #EUInnovationEcosystems #innovation #startups #SMEs #HorizonEU #QuantumComputing #FutureTech

DustPhotonics Gains $24M in Funding DustPhotonics, a silicon photonics technology developer for data center and AI applications, has completed an oversubscribed $24 million series B follow-on funding round. The company said that the funding will be used to scale production of current products — namely its Carmel-4 and Carmel-8 products, which are used for 400Gb/s and 800Gb/s applications — and accelerate development of future innovations. Dust Photonics debuted its Carmel-8 product at 2023's European Conference on Optical Communications (ECOC). As the company aims to advance its merchant 800 Gb/s silicon photonics chip, it also plans to use funds from the current B round to accelerate development of its next generations of products which will enable 1.6Tb/s, according to the company.

Two research groups—one led by the Duality Accelerator cohort 2 quantum startup memQ, and one led by Argonne National Laboratory—have used different host materials for erbium to advance #quantum technology, demonstrating the versatility of this kind of qubit and highlighting the importance of materials science to #quantumcomputing and quantum communication. Read more: https://lnkd.in/gnaZ_ipi #MidwestQuantum #QuantumPrairie 

🚀 The Future of Accessible Quantum Computing by ColibriTD 🚀 🎥 Meet the Minds behind the #Innovation! With our team video featuring Frédéric Holweck, a leading #academic in #quantum #technology. Discover the passion and expertise driving our mission to democratize quantum computing. Watch now and see the innovation firsthand: #Team #QuantumInnovation 🎦 Watch the video here : https://lnkd.in/ezR4Wcgk   💬 ‘Our goal is not just to advance technology, but to ensure it's accessible to all,’ says Frederic Holweck. Watch as he delves deeper into how #QuICK is making this a reality." #QuICK by ColibriTD: Not just a platform, but a promise to unlock the potential of quantum computing for everyone. From startups to established enterprises, #QuICK hardware-agnostic design ensures that all businesses can tackle the most complex challenges with the best quantum resources available today. 👉 Meet us at  #francequantum2024 #Vivatech2024  and see how you can leverage your business needs. Universal Access to quantum Computing   #francequantum2024 #Vivatech2024 #UniversalAccesstoquantumComputing  #QuantumComputing #QuantumTech #ColibriTD   

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐐𝐮𝐚𝐧𝐭𝐮𝐦 𝐂𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟓,𝟕𝟏𝟒.𝟖𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟗.𝟏% 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐟𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝. 𝙁𝙤𝙧 𝙈𝙤𝙧𝙚 𝙍𝙚𝙥𝙤𝙧𝙩 𝘿𝙚𝙩𝙖𝙞𝙡𝙨, 𝙑𝙞𝙨𝙞𝙩: https://lnkd.in/dxvvSHKp The #quantum_computing_market is expanding rapidly due to technological advancements and the growing need for powerful computing solutions to solve complex computational problems beyond the scope of traditional computers. This trend is being fueled by an increase in both public and private investments, with major technology companies, governments, and startups dedicating resources to quantum research and development. #quantumcomputing #qubits #quantumtechnology #computerscience #innovation #technology

#QuantumComputing is set to revolutionize industries by solving complex challenges that classical computers struggle with. Our partnership with Pasqal leveraging Nobel Prize-winning technology, is a game-changer. Pasqal’s quantum processors provide a realistic pathway to near-term #quantum advantages, enabling enterprises to start developing applications today. We’re committed to driving #innovation in quantum adoption, ensuring organizations are quantum-ready for future challenges. Discover more about Pasqal and our partnership: https://bit.ly/3W77O6s #Technology #FutureTech

Quantum technology promises to revolutionize computing, communication, and encryption by harnessing the power of quantum mechanics. However, these delicate processes need to operate at very low temperatures to maintain their coherence and existing cooling methods are based on very rare and expensive materials. In this interview, Alexander Regnat, talks about how his startup kiutra developed an alternative cryogenic cooling method that is more efficient and scalable than existing methods as well as the company's ambitious vision for the future. Read the full interview: https://lnkd.in/dH8AXpyM #kiutra #quantum #quantumtechnology #quantumcooling #founderinterview #technology #refrigeration  

🚀Exciting News! MicroAlign secures a 1 Million EUR seed investment to enable efficient interconnections in Quantum Photonic Computers. A huge thank you to the Dutch venture capital firms DeepTechXL and PhotonVentures for leading this funding round. This investment reflects a strong belief in the company’s vision to develop an innovative and crucial product for the photonics industry. Teska van Vuren, Managing Partner at DeepTechXL, states:  “DeepTechXL aligns with MicroAlign’s vision to solve one of the main technical bottlenecks for quantum photonic computers. We will support MicroAlign in scaling up and becoming the leader in low coupling loss fiber arrays." ✨Impact of This Investment: ✅Accelerated Market and Product Development. Expanding our R&D team and facilities. ✅Support Quantum Photonic Computing. Providing interconnection components that reduce energy consumption and improve performance. ✅Support for Key Industry Goals. From climate action and digitalization to industrial optimization. Our technology will benefit quantum photonic computing, data communication, and AI computing by reducing system energy consumption and improving functionality. This step will help photonics-based industries achieve their next development goals. The CEO Simone Cardarelli explains: “MicroAlign's fiber array will be a key enabling technology for quantum photonic computing applications, where every photon counts in the fiber-to-chip connection. Exponential benefits in quantum computing efficiency can be achieved with a high-accuracy fiber array component. As demand for data traffic and AI computing grows, low-loss optical interconnections are becoming a critical point, opening significant opportunities for MicroAlign. I would like to sincerely thank our customers, stakeholders, partners, and suppliers who believe in us and are supporting MicroAlign in the next exciting phase!” You can find out more details about investment: https://lnkd.in/eGMqiiX5 #QuantumComputing #Photonics #Innovation #Investment #DeepTechNews

📣The first #EICAccelerator round of 2024 is in! This round includes grants for quantum computing and quantum-enabling cryogenics. 68 deep-tech start-ups and SMEs have been selected to receive grants, among which five proposals from #QuantumTechnology companies: ✔️ kiutra – Democratizing Cryogenic Measurements for the Quantum Ecosystem ✔️ QuiX Quantum – QuiX Quantum Universal Quantum Processor ✔️ QC Design – Fault-Tolerant Architectures and Software for Scalable #QuantumComputers ✔️ Quantum Transistors – A million qubit quantum computer: highly scalable solid state quantum computing platform with native optical networking ✔️ Welinq – Scaling-up quantum computers with quantum memory links 👇 More information in the link below 👇 #Innovation #DeepTech European Innovation Council and SMEs Executive Agency (EISMEA)