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Arq Quantum Technologies has secured $1.4M in pre-seed funding led by Ground State Ventures to develop a low-cost quantum repeater for long-distance fiber networks. This milestone demonstrates early progress toward building the physical infrastructure required for a practical quantum internet, enabling secure connections between geographically separated quantum computers and sensors.
Source coveringQuantum Zeitgeist
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Ground State Ventures Leads Arq Quantum’s $1.4M Pre-Seed Round

Quantum Zeitgeist2 min read

Ground State Ventures led Arq Quantum Technologies’ $1.4M pre-seed round. Co-founders Samuele Grandi and Emanuele Distante are building the foundations for the quantum internet, starting with a quantum repeater that connects reliably across long distances.

Ground State Ventures has led a $1.4 million pre-seed round for Arq Quantum Technologies, indicating early investor confidence in the development of quantum internet infrastructure. The Barcelona-based company, a recent spinout, reports achieving the first transmission of light-matter entanglement over tens of kilometers of fiber within…

Excerpt shown under the publisher's RSS terms · 46 words · full text and figures are on the publisher's site

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