Quandela Launches LUCY, ZuriQ Raises $25.5M, & Multiverse Hits Unicorn Status

QUANTUM COMPUTING 
QUANDELA PROVIDES ACCESS TO AN HYBRID DYSTEM
 
LUCY, a hybrid system combining a Quantum processor provided by the French QUANDELA with a classical super-computer, is now available for researchers wishing to develop and test new algorithms. The system is hosted and operated by the CEA’s high performance computing facility. 
 
ZURIQ

Top100 Swiss Startup alumnus ZuriQ has secured a USD 25.5 million seed round to accelerate the development of its trapped-ion quantum processors. The funding, led by QUANTONATION, will support team growth, expand research, and scale manufacturing of the company’s novel two-dimensional chip architecture.

Founded in 2024 as a spin-off from ETH Zurich by Professor Jonathan Home’s research group, Zurich-based ZuriQ, ranked among the Top100 Swiss Startups, is tackling one of quantum computing’s biggest challenges: scaling trapped-ion processors. While trapped ions are among the highest-performing qubits thanks to their long coherence times and strong connectivity, conventional one-dimensional architectures become increasingly difficult to scale.
ZuriQ has developed a native two-dimensional architecture based on Penning micro-traps, replacing the oscillating electric fields used in traditional designs with a static magnetic field. This allows ions to move freely across the chip without the junctions that typically create bottlenecks as systems grow.
The company has already demonstrated a 3×3 array of nine individually controlled ions the largest two-dimensional trapped-ion array of its kind to date. Developed in collaboration with ETH Zurich and fabricated by manufacturing partner Infineon, the chip also validates that the technology can be produced using established semiconductor manufacturing processes.

 
THE SPANISH MULTIVERSE COMPUTING SECURES A 500 M€ ROUND OF FUNDING 
Multiverse applies Quantum techniques to improve AI systems. It compresses LLMs by 80-95%, with a minimum accuracy loss, which allows to run a model on prem better than in the cloud. The objective is to control inference costs, which are slated to far exceed those of training the model. Multiverse, with origin in Spain and offices in France, the UK, Italy and America, is now validated 1,55 B€, which makes it a new unicorn. Customers include Telefonica, Allianz, Iberdrola, Bosch, Bank of Canada. The revenues of the company are rapidly ramping up. Among other investors is TIKEHAU Capital.

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