Quantum Bridge raises $8 million USD to prepare for “Q-Day”

One day, perhaps within the decade , quantum computers will be able to crack like an egg the encryption algorithm protecting your password. That day is known as “ Q-Day ,” and it’s what Toronto-based Quantum Bridge Technologies has been preparing for. “National security can’t wait for perfect conditions.” Mattia Montagna, Quantum Bridge The 20-person startup, which spun out of the University of Toronto in 2019, announced on Wednesday morning that it has closed an $8 million USD ($11 million CAD)