Munich startup planqc secures €50M for ‘Made in Germany’ quantum computers
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. It’s free, every week, in your inbox. 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)....