Mitsubishi Electric Backs OptQC’s Optical Quantum Computer Build

Mitsubishi Electric’s ME Innovation Fund has made its sixteenth investment in OptQC Corp., a Japanese startup building optical quantum computer hardware, the company says. OptQC originates from the University of Tokyo’s Furusawa Laboratory, recognized as a world leader in the field, and builds a scalable approach to quantum computing with superior energy efficiency. The company has already demonstrated a commitment to practical application, having delivered its first commercial system to a public entity. “Quantum computing is transitioning from research to practical applications,” Mitsubishi Electric stated, signaling a growing focus on industrial use of the technology.

Mitsubishi Electric’s ME Innovation Fund Backs OptQC

Mitsubishi Electric’s investment in OptQC represents the sixteenth commitment from its ME Innovation Fund, demonstrating a sustained strategy to bolster early-stage quantum computing companies. This funding arrives as the field pivots from purely academic exploration toward demonstrably useful industrial applications, demanding scalable and efficient hardware solutions. OptQC’s approach, using optical quantum computing, is particularly notable for its potential to address the challenges of qubit proliferation and power consumption.