Permanent capital firm Serendipity Capital has led the seed fundraising round for QuantX Labs, an Adelaide-based company specializing in precision quantum sensing and timekeeping. Serendipity Capital allocated US$5 million ($A7 million) into the equity tranche, marking the first external institutional financing secured by the hardware developer. The capital deployment is designated to scale manufacturing lines, [...] The post Serendipity Capital Leads $5 Million Seed Financing Round for Next-Gen Optical Atomic Clock Developer QuantX Labs appeared first on Quantum Computing Report .
Source: Quantum Computing Report — read the full report at the original publisher.