Wednesday, September 22, 2021

Betting on Quantum Computing

Not a lot of pure plays, and I can't think of any that are publicly traded.

From PitchBook:

Investors bet on the technologically unproven field of quantum computing

Scientists and engineers are still toiling in labs in a race to develop quantum computers that would significantly outperform traditional computers.

But that isn't holding venture capitalists back. They're pouring record-high funding into work on computing power that is still considered years away from being ready.

Investors have invested $1.02 billion into quantum computing companies so far this year. That's more than was funneled into the industry during the previous three years combined, according to PitchBook data.

*****

Notable recent quantum computing deals



Deal Date

Deal Size (millions)

Post-money Valuation (millions)

Select Investors

Data as of Sept. 8, 2021

.....MUCH MORE

We have quite a few posts on quantum computing, for the longest time I didn't believe that D-Wave actually had what they said they had.

Here are a few of our posts that mention Rigetti, one name that may turn into something:

That second link has quite a few prior posts with the headline story from the journal Nature, who had a couple other articles that may be of interest:

Also at Nature, Oct. 2:
Beyond quantum supremacy: the hunt for useful quantum computers

Way back in 2017 Nature was posting (and we were linking): "Google's Quantum AI Laboratory set out investment opportunities on the road to the ultimate quantum machines" (GOOG).

For more names we have on offer 2018's
"10 Quantum Computing Startups Getting Funded in 2018"
Keeping in mind that Google is pretty fired up on D-Wave's architecture while Rigetti and Alibaba are developing proprietary systems.

And MIT's Technology Review:
You Think the Have/Have-not Divide Is Big Now? Just Wait Until AI has a Quantum Computer Brain

So, if interested those are a starting point. Otherwise, you know the drill, use the 'search blog' box upper left.