InfinityQ Receives Additional Financing to Commercialize Quantum Analog

By Carolyn Mathas

Quantum analog creator infinityQ Technology closed a seed-extension round of financing with new investors Hevella Capital, iGlobe Partners and Westcott Investment Group, and participation from existing partners Cato Stonex and Louis Vachon, bringing the total raised to date to nearly $5 million USD.

The women-led company will use the new funding to further develop its next-generation chip C∞per that they claim is 100x computationally faster than its predecessor, and to move from prototype to commercialization in 2022. Targeted applications require the combination of increased computational speed and ultra-low energy consumption. The first application will be for video games and powered by InfinityQ’s expectation of 2500 qubits by the end of 2022, and an eventual 5,000 qubits.

infinityQ relies on analogies with atomic quantum systems and the use of analog electronics. infinityQ’s artificial atoms interact collectively, using analog circuits as the basic computational structure. There is no need to manipulate quantum particles, just artificial atoms.

This collective of artificial atoms has such advantages as scalability, being unaffected by detrimental noise thereby eliminating error correction, an inherently small size, and the ability to performs at room temperature without the expense, complexity and limitations of cryogenics.

In 2021, infinityQ announced the infinityQube Quantum Analog Computer, outlining their approach for solving complex optimization problems, and by summer 2021, installed a quantum analog module with the supercomputer Discoverer.

Additional information is available in a news release on the infinityQ website available here.

February 3, 2022