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About QuEra Computing
Industries
Data & Analytics
AI & Machine Learning
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$47M
Headquarters
Boston, Massachusetts
Founded
2018
Overview
QuEra Computing develops quantum computers that utilize advanced neutral-atoms technology. Their main product is the Aquila, a 256-qubit quantum computer, which is currently the largest publicly accessible machine available for use through the Amazon Braket cloud. QuEra's quantum computers are designed to solve complex problems that are difficult for traditional computers to handle. What sets QuEra apart from its competitors is its focus on scalability, allowing for the development of larger and more powerful quantum systems. The company's goal is to create quantum computing solutions that can address significant challenges in various industries.
Simplify's Take
What believers are saying
- $230M funding from Google and SoftBank accelerates QuEra's R&D efforts.
- QuEra's neutral-atom processors expected to reach utility-scale in 2-3 years.
- Partnerships with SAS and Deloitte open new industry-specific revenue streams.
What critics are saying
- Competition from tech giants like Amazon and Microsoft could overshadow QuEra.
- Rapid tech advancements may shorten QuEra's window to capitalize on innovations.
- Reliance on partnerships may risk if collaborations don't yield expected breakthroughs.
What makes QuEra Computing unique
- QuEra focuses on neutral-atom processors, a unique approach in quantum computing.
- Partnership with NanoQT enhances QuEra's position in quantum networking technology.
- Collaboration with Pawsey Supercomputing Centre explores practical quantum computing applications.
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Funding
Total Funding
$47M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -3%2 year growth
↓ -3%SAS is working with companies like Procter & Gamble and quantum hardware providers including D-Wave, IBM, and QuEra to develop hybrid quantum-classical solutions for real-world problems in industries such as life sciences, finance, and manufacturing.
Quantum startups secured over $1.2 billion in Q1 2025, a 125% increase year-over-year, indicating growing confidence in commercialization. Major funding rounds included QuEra's $230 million Series B, Quantum Machines' $170 million Series C, and IonQ's $360 million equity raise and acquisition of ID Quantique. The sector is maturing, with funding consolidating around fewer firms and a focus on scalable hardware, software orchestration, and post-quantum cybersecurity.
In Perth, Australia, nestled within one of the nation's premier computing hubs, the Pawsey Supercomputing Centre is collaborating with QuEra Computing to explore the practical application of quantum computing technologies.
Notably, QuEra recently secured a US $230 million strategic round led by Google and SoftBank, underscoring confidence that error-corrected, utility-scale neutral-atom processors are within a two-to-three-year horizon.
Canadian experts say the milestone is not the be-all, end-all of quantum innovation
QuEra Computing is Hiring for 27 Jobs on Simplify!
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About QuEra Computing
Industries
Data & Analytics
AI & Machine Learning
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$47M
Headquarters
Boston, Massachusetts
Founded
2018
QuEra Computing is Hiring for 27 Jobs on Simplify!
Find jobs on Simplify and start your career today