Interest in quantum computers is taking off as governments and big business look for ways to gain a competitive edge through cutting edge technology. In this three-part series, we look at how quantum computers work, their applications, and the continued role Australian scientists and engineers play in the technology’s development. Australia led the early charge… Read more »
Mark Mattingley-Scott is a former 31-year IBM executive, who in September this year joined the Canberra-based quantum computing startup Quantum Brilliance. Germany-based Mattingley-Scott is general manager, EMEA (Europe, Middle East, Africa) for Quantum Brilliance, which plans to miniaturise quantum computers for desktop and mobile applications. It’s been a massive year for the quantum tech sector,… Read more »
Sydney quantum startup Q–CTRL has raised US$25 million (A$35m) with Silicon Valley VC Airbus Ventures leading the round. Q-CTRL previously raised $22 million in 2019 in a Series A round led by Square Peg Capital. The early-stage VC arm of Airbus was drawn to the work of founder and CEO Professor Michael J. Biercuk after… Read more »
The Morrison Government’s increased focus on technology took another step up today with $111 million allocated to quantum technologies. The investment includes $70 million over 10 years for the Quantum Commercialisation Hub to foster strategic partnerships with other nations to commercialise Australia’s quantum research. The announcement came as Prime Minister Scott Morrison released its Blueprint… Read more »
Canberra-based quantum cybersecurity venture QuintessenceLabs has raised $25 million in a series B. The round was led by the CSIRO’s VC fund Main Sequence Ventures and Canadian VC TELUS Ventures, with additional participation from Mizuho Financial Group-backed InterValley Ventures, which helps early stage Australian tech companies crack the Japanese market, and Capital Property Group. The… Read more »
Canberra-based computing science startup Quantum Brilliance has raised US$10 million (A$13m) in seed funding. The investment into the Australian-German full-stack quantum accelerator startup, which emerged from The ANU’s research group in diamond quantum science in 2019, was co-led by the QxBranch founders’ and the CSIRO’s VC fund, Main Sequence, with other backers including CP Ventures, Investible,… Read more »
Vaccine and drug development, artificial intelligence, transport and logistics, climate science — these are all areas that stand to be transformed by the development of a full-scale quantum computer. And there has been explosive growth in quantum computing investment over the past decade. Yet current quantum processors are relatively small in scale, with fewer than… Read more »
UPDATE: Watch Dr Cathy Foley’s’ How Science is Transforming Our World online panel here. Physicist Dr Cathy Foley became Australia’s Chief Scientist in 2021. Her distinguished 35-year career in science with the CSIRO has been focused on exploring magnetics and superconductors. Her experience spans pure research to commercialisation and revolutionised the way mining companies detect… Read more »
From personalising stem-celled derived therapies to revolutionising drug discovery and cyber security, Sydney is stepping into the global spotlight with transformative technologies that will reshape our world. This June, you’re invited to meet the entrepreneurs and startups behind these boundary-pushing ideas. Transformative technologies refers to new tech innovations that solve scientific problems in our daily… Read more »
The quantum technology sector could be worth more than $4 billion annually and create 16,000 jobs by 2040, according to a report by CSIRO. The Growing Australia’s Quantum Technology Industry report sees potential in everything from national security to mineral exploration, drug and materials development, and communications from spin offs resulting from quantum physics developments.… Read more »
ASX-listed tech company Archer Materials has signed an agreement with IBM to advance the widescale development of its quantum computing technology. Based in Adelaide and Sydney, Archer uses a unique carbon-based material in its 12CQ qubit processor chip technology that has the potential to enable chip operation at room-temperature and integration with modern electronic devices.… Read more »
Square Peg Capital Partner Tushar Roy with Professor Michael Biercuk, founder and CEO of QCTRL. Photo: supplied Quantum computing startup Q-CTRL has raised US$15 million (AU$22m) in a Series A round led by Square Peg Capital. Silicon Valley’s Sierra Ventures also joined the raise beside existing investors, including Sequoia Capital, Main Sequence Ventures, and Horizons… Read more »
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