UAE – Mubasher: Mubadala Capital and Samsung Catalyst Fund have led a $55 million funding round for American universal quantum computing startup IonQ.
The company will use the funding to boost its plans to make quantum computing more accessible to businesses and lower the barrier to entry for developers, according to a company statement released on Wednesday.
A group of investors have contributed to the funding, including ACME Capital, Airbus Ventures, Hewlett Packard Pathfinder, Tao Capital Partners, Correlation Ventures, and A&E Investment.
“We are building a future where IonQ’s quantum computers will be available to developers in fields from finance to manufacturing to pharmaceuticals. We expect this to inspire a new generation of developers to build applications that will power the next wave of discovery,” IonQ’s CEO Peter Chapman said.
