HardwareStartupsTechnology

Oxford Quantum Startup QFX Secures €2.2M Seed Funding for Modular Hardware Expansion

Oxford-based quantum technology startup QFX has raised €2.2 million in seed funding to advance its modular hardware platform. The investment round was reportedly led by Y Combinator co-founder Paul Graham, positioning the University of Oxford spin-out within Europe’s growing quantum ecosystem.

Funding Round and Investor Backing

Oxford-based quantum startup QFX has secured €2.2 million in seed funding to expand its modular hardware platform for quantum technologies, according to recent reports. Sources indicate the investment round was led by Silicon Valley investor and Y Combinator co-founder Paul Graham, signaling strong confidence in the UK quantum sector.

AIScienceTechnology

Google Demonstrates Quantum Advantage with Echo-Based Algorithm for Molecular Analysis

Google researchers claim to have achieved quantum advantage using a novel algorithm based on quantum echoes. The approach reportedly completes complex calculations in hours that would take current supercomputers years, while potentially enabling new molecular analysis techniques.

Quantum Computing Milestone

Google researchers, in collaboration with academic partners, are reporting what they describe as a significant step toward practical quantum computing, according to a newly published paper in Nature. Sources indicate the company has developed an algorithm demonstrating quantum advantage—completing calculations substantially faster than classical computers—while potentially providing utility for molecular analysis.