Home topics news Image provided by Q-CTRL: Quantum Trap News Tech News ​​Sydney quantum startup Q-CTRL blasts off with $US25 million of funding Heidi Heck December 1, 2021 Sydney’s own quantum sensor startup, Q-CTRL, has received $US25 million ($35 million) in Series B funding led by the investment arm of the European aerospace giant, Airbus Ventures, as part of its mission to mine the moon. The funding was raised with participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, Square Peg Capital, Sierra Ventures, DCVC, Sequoia Capital China, and In-Q-Tel. In total, the company has raised more than $43 million (60 million AUD) from funding rounds. Who is Q-CTRL? Q-CTRL provides quantum control engineering solutions that improve quantum computing performance by addressing the most pressing challenge in the field, hardware error, and instability. Customers such as IBM and Rigetti use Q-CTRL’s quantum control software to provide a stable environment to operate their quantum computers. The $US25 million Q-CTRL has received will go towards hiring staff and enabling new data-as-a-service markets powered by quantum sensing capabilities. The company will also continue to invest in the development of quantum control for quantum computing and quantum sensing for acceleration, gravity, and magnetic fields. Founder and CEO of Q-CTRL Michael Biercuk said, “Q-CTRL’s vision has always been to enable all applications of quantum technology. This new fundraising is critical in realising our mission to deliver real value to the space, defence, and commercial sectors.” Quantum computing in space Recent technical and product developments have