Qubic raises $2.5 million USD to commercialize quantum signal amplifiers
Two Small Fish-led seed round will help scale manufacturing of Qubic’s cryogenic amplifiers.
Quantum
Former Quantum Industry Canada CEO joins US-based IonQ
Inaugural leader of QIC, Lisa Lambert, now IonQ’s managing director for Canada.
Quantum Industry Canada CEO Lisa Lambert to step down
The organization’s first leader plans to leave for new career opportunities at the end of June.
Quantum chemistry for drug discovery still hasn’t had its “ChatGPT moment,” biotech founder says
ProteinQure’s co-founder argues “messy biology experiments” are still the bottleneck.
Canada’s quantum Cassandra is finally heard
Turing Award winner Gilles Brassard has spent decades warning about the threat posed by powerful quantum encryption.
Xanadu strikes deal to raise up to $300 million USD
Toronto firm announces the deal the same day it claims quantum breakthrough.
Quantum Bridge raises $8 million USD to prepare for “Q-Day”
Series A funding will help U of T spinout scale its Q-Day-ready encryption method.
Quantum startup Nord Quantique secures $1.4-billion USD valuation
Québec-based company is one of Canada’s leaders in quantum computing.
Photonic secures $2-billion USD valuation after final close of $200-million financing
Bell, BDC, EDC, and InBC back BC quantum firm’s continued push towards commercialization.
Why you don’t need a PhD to invest in deep tech
VCs at NACO Summit dispel misconceptions about investing in the industry.
SBQuantum nabs $4 million USD, new CEO as it preps for US expansion
Sherbrooke firm secures first private capital after deploying its quantum sensors in space.
Industry Minister Mélanie Joly wants to see Nokia invest more in Canada
Joly sees the path to a “golden age” relationship Finland and Canada.
Xanadu stock trades halted five times on TSX in two days, following price spike
Toronto-based quantum company debuted on exchange just last month.
Canada’s first full-stack, university-owned quantum computer comes to USask
Quantum computer will be operated by the Centre for Quantum Topology and Its Applications.
Will Xanadu lead Canadian tech back to public markets?
Plus: Canadian VCs fear an AI-driven “SaaSpocalypse.”