Academic research towards quantum computing and other quantum technologies is beginning to pay dividends, but continued progress will rely on strong cooperation between academic, industry and government partners.

Corporations seem ready to seize the opportunity with quantum computer developer IonQ last month raising $55m in a round co-led by Samsung Catalyst Fund featuring Hewlett Packard Pathfinder, Airbus Ventures and existing backers, such as Alphabet’s GV corporate venturing unit and Amazon.

But only four emerging quantum computing companies had raised more than $50m in venture funding as of July 2019, according to data provider CB Insights, even as overall deal count rose more than 200% over six years to…