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OptQC Raises ¥1.5B to Advance Optical Quantum Tech

Tokyo-based startup OptQC Inc. Raised 1.5 billion yen (about $10 million) in a Series A1 funding round. Global Brain Corporation led the round. They were joined by the University of Tokyo Innovation Platform Development, Delight Ventures, and the Japan Science and Technology Agency. This raises the company’s total funding to 2.15 billion yen. This follows a seed round from earlier this year. The new capital will help develop an optical quantum computer. This computer will handle 10,000 quantum mode inputs. It aligns with Japan’s NEDO initiative for technology development. OptQC plans to boost R&D for next-gen processors. They aim for a total funding of 10 billion yen, which includes an upcoming Series A2 round. Also Read: Quantum Solutions Becomes Japan’s Largest ETH Holder, Indicating Paradigm Shift in Digital Asset Strategy…