QuantumQuantum Computing Report1h ago
Mitsubishi Electric and OptQC Expand Strategic Partnership Amid JPY 7B
Mitsubishi Electric and OptQC Expand Strategic Partnership Amid JPY 7B ($47M USD) Series A2 and Tokyo R&D Expansion
TL;DRMitsubishi Electric invests $47M in quantum computing startup OptQC for 10,000-qubit development.
Why it matters: Major industrial player betting on optical quantum computing could accelerate practical quantum applications beyond current capabilities.
Mitsubishi Electric and OptQC are expanding their strategic partnership through investments and R&D collaborations. OptQC secured JPY 7 billion in Series A2 funding, bringing its total funding to over JPY 20 billion, which will support the development of a 10,000-qubit optical…
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