Qubic raises $2.5 million USD to commercialize quantum signal amplifiers
Sherbrooke, Que.-based quantum hardware company Qubic has raised $2.5 million USD ($3.5 million CAD) in seed funding to commercialize its signal amplifiers, which boost the signals from qubits used in quantum computing. The news: Qubic announced on Tuesday morning that it raised a seed investment led by Two Small Fish Ventures, with participation from the University of California’s UC Investments, Sherbrooke-based quantum investor Quantacet, and the University of Calgary’s investment fund UCeed.