UC Boulder-founded quantum atomic core developer ColdQuanta has picked up $10m in seed capital from two existing investors.
ColdQuanta, a US-based quantum technology spinout of University of Colorado Boulder (CU Boulder), has raised $10m in seed funding from investment firm Maverick Ventures and financial advisory company Global Frontier Investments.
The capital adds to an initial $6.8m seed tranche in July 2018 that was led by Maverick and backed by Global Frontier.
Founded in 2007, ColdQuanta is working on quantum atomic cores calibrated with lasers to facilitate applications including quantum computing and quantum communications.
The atoms…