Insider Brief PRESS RELEASE — Qubic, a quantum technology company developing low-noise cryogenic amplifiers solving one of the major bottlenecks for scaling for quantum computing and with promising applications in sensing and defence, today announces it has closed an oversubscribed round of venture capital financing in the amount of $2.5 million USD ($3.5 million CAD). The investment was led by Two Small Fish Ventures, with participation from UC Investments, Quantacet and UCeed. The financing will be deployed […]

Source: The Quantum Insider — read the full report at the original publisher.

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