QuEra Secures $230M to Advance Quantum Computing Technology

The Boston-based startup plans to use the funding to develop fault-tolerant quantum systems and expand its team.

QuEra Computing raised $230 million in a funding round led by Google and SoftBank, marking one of the largest quantum computing investments to date.
The funding will support the development of fault-tolerant quantum computers, which aim to perform reliable computations despite errors.
QuEra's technology utilizes neutral atom qubits, which are scalable and operate at room temperature, reducing the need for cryogenic systems.
The company plans to nearly double its workforce to over 130 employees by the end of 2025, focusing on scientific and engineering talent.
QuEra's first-generation quantum computer is already generating revenue through cloud services and partnerships with organizations like Japan's National Institute of Advanced Industrial Science and Technology.