Quantum computing startup Oxford Ionics has raised £30 million in Series A funding.
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Oxford Ionics’ announcement comes at a start of a year that is expected to herald a number of shifts in the thinking and doing about quantum computing. Instead of focusing on one processor, one very large quantum computer , 2023 will see “modular quantum computers,” with a number of relatively small quantum computing processors linked over short and long distances.
the formation of the largest consortium in its history, with a three-year budget of more than $30 million, focused on promoting two quantum processor technologies – trapped ions and superconductors.State of Quantum 2022 Report
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