ZuriQ, a startup spun out of ETH Zurich, has raised $25.5 million in seed funding, according to a report by Sifted. The company is working on a new quantum chip architecture that it says offers stronger scalability than existing approaches. ZuriQ said the design could help speed up the push toward larger-scale quantum computing. The funding marks an early capital raise for the startup as it develops its hardware-focused technology. The report identified the company as an ETH Zurich spinout and framed the round around its effort to build a more scalable foundation for quantum computing systems.
ZuriQ, a startup spun out of ETH Zurich, has raised $25.5 million in seed funding, according to Sifted.
The company is developing a new quantum chip architecture that it says is more scalable than existing designs and could help accelerate the move toward large-scale quantum computing.
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