Quantum Motion Raises Additional Funding for Silicon Quantum Computing

Insider Brief

• Quantum Motion has announced the second close of its Series C funding round, with new investments from Imec.ventures, Lansdowne Partners, Sony Innovation Fund, S3 Ventures and Inkef.
• The funding will support silicon quantum computing development, custom silicon co-development, semiconductor manufacturing partnerships and the company’s international expansion, including its new U.S. lab in Maryland.
• Quantum Motion is targeting fault-tolerant quantum hardware based on silicon CMOS manufacturing, with the company also participating in Stage B of DARPA’s Quantum Benchmarking Initiative.

PRESS RELEASE — Quantum Motion, the leader in silicon spin-based quantum computing, today announced the second close of its series C funding round to accelerate the scale-up of its fault-tolerant quantum hardware.

This second close of the series C round led by DCVC and Kembara contributes investments from Imec.ventures, Lansdowne Partners, Sony Innovation Fund, S3 Ventures, and Inkef. The funding will drive custom silicon co-development, leverage global semiconductor manufacturing pipelines and build upon key milestones including international expansion, notably opening US lab in Maryland, and participation in stage B of DARPA’s Quantum Benchmarking Initiative (QBI).