📝 QuEra raised $230M

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Quantum computing startup QuEra has secured $230 million in financing from investors including Google and SoftBank to develop a fully functional quantum computer within the next three to five years. Unlike traditional funding rounds, this is a convertible note, meaning it will convert into equity later. QuEra, already generating revenue from cloud services and a $41 million quantum computer sale to Japan, aims to lead in neutral atom quantum supercomputing. The funding reflects broader momentum in quantum computing, with startups like Alice & Bob and Quantinuum also securing major investments despite the field’s ongoing technical challenges.

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