- A quantum photonics spin-out from the College of Sheffield lands vital funding from Black Quant and Quantum Exponential, in addition to personal angels, taking general investment to almost £4m
- Oversubscribed follow-on funding spherical presentations dedication to UK being at vanguard of building of next-generation networking with quantum safety
Sheffield, UK; 12 Would possibly, 2022: Aegiq has as of late introduced that it secured vital funding from Black Quant and Quantum Exponential, in addition to personal angels. In combination, with current investment from Innovate UK and Prime-Tech Gründerfonds, the funding brings Aegiq’s general to be had investment to almost £4m.
Aegiq is a spin-out of the College of Sheffield, based via a group consisting of CEO Dr. Max Sich, CTO Dr. Scott Dufferwiel, and CFO Andrii Iamshanov. The corporate, which has secured additional investment from Innovate UK (a part of UK Analysis & Innovation) this yr, has additionally been prior to now awarded investment for a number of initiatives supported via Quantum Applied sciences Problem, with general worth of the funded consortia exceeding £20m.
Aegiq
Aegiq is accelerating building of its proprietary quantum photonics platform and rising its core R&D group. The era is in line with high-performance single-photon assets and allows a variety of recent packages in quantum science, together with quantum communications, quantum computing and quantum enhanced imaging and sensing. Particularly, Aegiq’s era will supply vital functionality uplift for quantum communications and QKD packages, in addition to opening doorways for large-scale quantum networking with quantum computing and new quantum data processing protocols.
“Aegiq’s era platform in line with unmarried photon assets allows quite a lot of packages from dependable and safe verbal exchange infrastructures to scalable quantum computing. Black Quant as a other people targeted quantum applied sciences investor is overjoyed to make stronger the extremely professional group riding their quantum mission from lab to marketplace management.”, mentioned Michael Kott, Basic Spouse at Black Quant.
“We’re bringing our distinctive photonics era to marketplace, in line with over two decades of analysis, to liberate a complete new technology of packages, starting from quantum computing to microscopy,” commented Dr. Max Sich, CEO of Aegiq. “We’re overjoyed to have Black Quant and Quantum Exponential make stronger our imaginative and prescient, the place quantum knowledge pushed packages will play a vital position in our on a regular basis lives. This funding will lend a hand us boost up building of our distinctive portfolio of goods for R&D consumers, in addition to pressure our additional product building in quantum photonics, quantum data processing and networking,”
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About Aegiq
Aegiq (/ˈiːdʒɪk/, ee-jik) is the use of its pioneering single-photon and built-in quantum optics platform to construct a brand new technology of networking and computing with quantum era. This contains addressing the call for for next-gen fibre and satellite tv for pc quantum communications, in addition to riding additional analysis and building in quantum computing and quantum optics the use of its complex era.
About Black Quant
Black Quant is the Munich-based, deep-tech investor that specialize in early-stage to scale-up firms within the box of quantum applied sciences and its enabling applied sciences. Due to each its trade and medical experience and its distinctive ecosystem and marketplace insights Black Quant targets at empowering other people development the leaders of the quantum trade.
https://www.blackquant.de/
About Quantum Exponential
Quantum Exponential is fascinated with alternatives in quantum era and the broader quantum computing sector, with an advisory board made up of trade advisors, marketers, and era funding execs with large get entry to to quantum alternatives and markets. Quantum Exponential trades on AQSE Expansion Marketplace underneath the ticker image “QBIT’.
https://quantumexp.co.united kingdom/
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CommsCo
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