Quantum Brilliance raised $30 million in a Series A funding round led by Breakthrough Victoria and the National Reconstruction Fund to establish Australia’s first quantum diamond foundry.
PRIVATEDec 10, 2024
Amount Raised
$30 Million
Round Type
Series A
SydneyManufacturingInformation TechnologySoftwareScience And Engineering
Investors
Breakthrough VictoriaNational Reconstruction Fund
Description
Quantum Brilliance has secured a total of $30 million in a Series A funding round, with $10 million from Breakthrough Victoria and $13 million from the National Reconstruction Fund. The funding will be used to advance the design and fabrication of diamond quantum devices, establishing Australia’s first quantum diamond foundry.
Company Information
Company
Quantum Brilliance
Location
Sydney, New South Wales, Australia
About
Quantum Brilliance, founded in 2019 and grown out of research conducted at the Australian National University and University of Stuttgart, is a global leader in diamond-based quantum technology.
QB specializes in the design, fabrication and manufacturing of small, ruggedized diamond quantum devices, operating at room temperature. As a full-stack hardware and software company, with operations in Australia and Germany, QB’s mission is to enable the mass deployment of quantum technology, facilitating its integration into everyday devices and high-performance computing systems.
Fundz sees it the moment Quantum Brilliance raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SydneyManufacturingInformation TechnologySoftwareScience And Engineering