Germanquantum computingstartup planqc yesterday announced a Series A raise of 50mn.
A technological race towards fault-tolerance
Qubits are the fundamental units of quantum information.
Whereas IQMs systems are based on superconducting qubits, planqcs quantum processors work with atom-based qubits.

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This includes areas such as pharmaceuticals and drug discovery, logistics, and climate change mitigation.
The round also includes a grant from Germanys Federal Ministry of Education and Research (BMBF).

Quantum sovereignty?
The EU is no different, as it pushes for that elusivestrategic and digital sovereignty.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.

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