QuantrolOX, a Quantum Computing spin-off from Oxford University, UK, has picked up €2.5 million in grant money from European Innovation Council (EIC) with another €8 million available from EIC as matching funding against future raise through other sources. Previously it had raised a £1.4 million seed round from Nielsen Ventures, Hoxton Ventures, Voima Ventures, Remus Capital and individuals.
QuantrolOx uses machine learning-based control software to tune and stabilize quantum technologies and optimize qubits.
November 2022