Lightsynq Secures $18M Series A for Quantum Interconnects
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Slice of Technology Team
11/25/2024
Key Highlights:
- Lightsynq Technologies secures $18M Series A funding to develop scalable quantum interconnect technology.
- Led by Cerberus Ventures with support from Murata, IAG Capital, Safar Partners, and others.
- Founders: former Harvard and AWS Quantum Networking experts Dr. Mihir Bhaskar, Dr. Bart Machielse, and Dr. David Levonian.
- Technology addresses quantum scaling through diamond-based photonic devices, enabling multi-system quantum networks.
- Funding accelerates development of hardware linking quantum processors for industrial applications.
Source: Business Wire
Quotes
“ “For quantum to have real commercial applications—from chemistry to cybersecurity—we need to reach million qubit systems. Lightsynq’s quantum interconnect hardware will offer the best solution to achieving those objectives.” ”
Dr. Mihir Bhaskar, CEO at Lightsynq
Our Take:
Lightsynq's Series A funding signals strong investor confidence in solving quantum computing's scalability challenges. The startup’s focus on diamond-based photonic interconnects represents a critical step toward linking quantum processors, addressing the bottleneck of single-system scaling. Backing by leading venture firms and industry experts validates Lightsynq's innovative approach, positioning it as a key player in advancing commercial quantum computing applications across industries like healthcare, materials science, and cybersecurity.
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