Quantum Networking Startup Qunnect Adds Cisco as Investor in New Fundraising Round

Quantum networking startup Qunnect adds Cisco as investor in new fundraising round

The ScoopNetwork giant Cisco is making a strategic investment in quantum networking firm Qunnect, Semafor has learned, the latest move in a broad effort to bolster the security of online communication and enable powerful quantum computers that may one day transform everything from medicine to materials science to fundamental physics.The Brooklyn-based firm is raising a modest $10 million in new funding from existing backers, but the addition of …

Titan Partners Group LLC Secures $200 Million for Quantum Computing Inc. to Advance Photonics and Quantum Optics Technologies

Titan Partners Group LLC, a division of American Capital Partners, has announced its role as the sole placement agent in a $200 million private placement for Quantum Computing Inc. (NASDAQ: QUBT). This significant financial move involves the sale of 14,035,089 shares of common stock to institutional investors at $14.25 per share. The proceeds from this placement are earmarked for accelerating the commercialization of Quantum Computing Inc.’s int…

Qunnect Secures $10 Million Series A Extension for Quantum Networking Development - Quantum Computing Report

Qunnect, a company deploying quantum entanglement-based protocols over commercial fiber, has closed an oversubscribed Series A extended financing round, securing $10 million. The round was led by Airbus Ventures, with additional participation from Cisco Investments and Quantonation. This new funding is designated to fuel the development of turn-key variants of Qunnect's Carina product suite, enabling [...] The post Qunnect Secures $10 Million Se…

Qunnect eyes more quantum growth with funds from Cisco

The startup scored $10 million from Cisco and other investors to work on new quantum network use cases.

Qunnect Secures $10M To Advance Room-Temperature Quantum Networks For Industry

Qunnect secured $10 million in extended Series A funding led by Airbus Ventures with Cisco Investments participation to accelerate commercial deployment of its room-temperature Carina quantum networking product suite, already demonstrated in New York City and Berlin, offering enhanced security and capabilities for sectors including finance, energy, and telecommunications via entanglement-based protocols over existing fibre optic infrastructure.

Cisco Reveals History-Making Investment in Quantum Networking Upstart Qunnect

Qunnect, a builder of quantum networking infrastructure, has closed its oversubscribed $10 million Series A extended financing round that included participation from Cisco Investments.