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Coherence Quantum raises €2.78 million to build cryogenic infrastructure for larger quantum computers

Coherence Quantum, a Finnish quantum hardware spinout from Aalto University's Quantum Computing and Devices group, has raised €2.78 million in seed funding led by Lifeline Ventures, with participation from Mårten Mickos, The Quantum Insider reports. The Espoo-based company is developing cryogenic signalling and control infrastructure for solid-state quantum processors: signal conditioning and higher-density interfaces intended to manage the wiring, heat and noise problems that grow as qubit counts increase. The funding will establish its Espoo laboratory, build first product prototypes and a manufacturing process, and support research and hiring.

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DTT summary based on Coherence Quantum announcement via The Quantum Insider's report. The full article is on the publisher's site.

Company

Coherence Quantum, Espoo, Finland (Aalto University spinout)

Round

€2.78M seed

Lead investor

Lifeline Ventures

Also investing

Mårten Mickos

Focus

Cryogenic signalling and control for scaling solid-state quantum computers

Use of funds

Espoo lab, product prototypes, manufacturing process, R&D, hiring

Image from the source report: Coherence Quantum
Article image: Coherence Quantum announcement via The Quantum Insider
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