Australia News

Australian Start-Up Raises $20 Million to Develop ‘Groundbreaking’ Quantum Tech

Quantum Brilliance said the funding would help it build new equipment and facilitate the development of new quantum sensors.
Australian Start-Up Raises $20 Million to Develop ‘Groundbreaking’ Quantum Tech
An optical processor used for quantum photonic computers manufacturing in Massy, France, on Oct. 11, 2024 Alain Jocard/AFP via Getty Images
Alfred Bui
|Updated:
0:00

An Australian quantum technology start-up has successfully raised US$20 million ($32 million) to develop diamond-based quantum devices.

On Jan. 15, Sydney-based Quantum Brilliance announced that it had received investment from several domestic and foreign organisations.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].