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Google leads $230M convertible note for Boston quantum computing startup QuEra


Published on 2025-02-11 10:02:18 - TechCrunch
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  • Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive

Google has spearheaded a $230 million convertible note investment into QuEra, a Boston-based quantum computing startup, signaling strong interest in the burgeoning field of quantum technology. QuEra, which focuses on developing neutral-atom quantum computers, aims to use the funds to scale its operations, enhance its technology, and expand its market reach. This investment comes at a time when quantum computing is seen as a critical frontier for solving complex computational problems beyond the reach of classical computers. The involvement of Google, a tech giant with significant resources and interest in quantum computing, underscores the strategic importance of QuEra's technology in the race to commercialize quantum computing. The deal also reflects a broader trend where major tech companies are increasingly investing in quantum startups to secure a foothold in what is expected to be a transformative technology sector.

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