GV and New Enterprise Associates have co-led the quantum computing technology developer's latest round, after the latter had supplied it with $2m of series A capital.
GV, the corporate venturing unit formerly known as Google Ventures, co-led a $20m series B round for quantum computing startup IonQ on Wednesday.
The round was co-led with venture capital firm New Enterprise Associates (NEA) and included undisclosed strategic investors. It followed $2m in funding from NEA in 2016.
Founded in 2015, IonQ is developing a quantum computer that utilises trapped ion technology, which cools and isolates individual ions with lasers, as opposed to other approaches which focus on developing…