EeroQ Raises $7.25M in Seed Funding
- EeroQ, a Chicago, IL-based quantum computer (QC) chip design company, raised $7.25M in Seed funding
- The round was led by B Capital’s Ascent Fund, with participation from V Capital, Calibrate Ventures, Alumni Ventures, Unbound Ventures, and Red Cedar Ventures
- B Capital Chair Dr. Howard Morgan and Senior Principal Morgan Polotan are joining the board
- The company will use the funds to expand its development efforts
- The company builds a large scale QC using electrons on helium (eHe)
- This type of QC was conceived as an idea design in the late 1990s, but was not feasible to build at the time due to technical limitations
