QC Ware: Raises $25M in Series B Financing

QC Ware Raises $25M in Series B Financing

  • QC Ware, a Palo Alto, Calif.-based developer of quantum algorithms running on near-term quantum computing hardware, raised $25m in Series B funding
  • The company intends to use the funds to expand the team to support the accelerated development of Forge™
  • QCWare is a quantum software and services company which specializes in the development of applications for near-term quantum computing hardware
  • Its network of customers includes AFRL, Aisin Group, Airbus, BMW Group, Equinor, Goldman Sachs, and Total
  • QCWare Forge, the company’s flagship quantum computing cloud service, is built for data scientists with no quantum computing background
  • The company supports its European customers through its subsidiary in Paris
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...