Quantum computing technology provider Horizon Quantum Computing raised $12m from Tencent while identity verification technology developer Tru.id hiked an NHN-backed round to $9m.

Funding

Internet and gaming group Tencent has supplied $12m in series A funding for Horizon Quantum Computing, a Singapore-based provider of quantum computing software services, DealStreetAsia reported yesterday, citing a regulatory filing. Horizon had previously raised $3.2m in seed-plus funding from Sequoia Capital India and existing backers SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV in mid-2020.

UK-based authentication technology developer Tru.id increased a seed round backed by internet company NHN to $9m on Friday with approximately…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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