Finnish startup secures €2.78 million seed round to tackle quantum computing’s hardware challenges

Espoo-based quantum hardware startup Coherence Quantum has raised €2.78 million in a seed funding round led by Helsinki-based Lifeline Ventures, with participation from technology entrepreneur Mårten Mickos. Spun out of Aalto University’s Quantum Computing and Devices group, the company is developing an integrated cryogenic signalling and control platform designed to help quantum computers scale by reducing the wiring, cooling demands and complexity associated with controlling larger numbers of qubits. The funding will support the establishment of a research and development laboratory in Espoo, the development of initial product prototypes and manufacturing processes, continued research and development, and team expansion. Coherence...

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