Bleximo, a Berkeley, California-based company building first-generation quantum computing systems to address problems in various industries, closed a $1.5m in seed funding.
The round was led by Eniac Ventures, with participation from Boost VC, Creative Ventures, KEC Ventures, and Gyan Kapur.
The company intends to use the funds to continue to expand operations and increase its development efforts.
Founded in 2017, Bleximo is building special-purpose quantum computation systems that aid conventional computers in solving industry’s hardest practical problems. These systems utilize superconducting qubits and quantum application-specific integrated circuit (qASIC) technology.
Bleximo, an affiliate company in Cyclotron Road, a program that supports entrepreneurial scientists and engineers aiming to grow their innovations into useful products, also announced a new partnership with Q-CTRL, a world leader in quantum control, to provide access to customized quantum control solutions which reduce hardware error without the need to build a dedicated in-house team.
FinSMEs
02/10/2018