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QuEra Computing

Category: AI Infrastructure

QuEra Computing develops and productizes quantum computers using neutral atom-based qubits, offering solutions for complex computational problems. QuEra Computing was founded in 2018. The company is led by Andy Ory. Based in Boston, Massachusetts. Team size: 62. Total funding raised: $230 million. Latest round: Series B. Key investors include ["Google Quantum AI","SoftBank Vision Fund 2","Valor Equity Partners","NVentures (NVIDIA)","QVT Family Office","Safar Partners"].

Founded
2018
Headquarters
Boston, Massachusetts
Team size
62
Total funding
$230 million

Value proposition

Offers scalable and fault-tolerant quantum computing solutions to tackle classically intractable problems.

Products and solutions

Neutral atom-based quantum computers with dynamic qubit manipulation capabilities

Unique value

QuEra uses neutral atom-based qubits, which are manipulated using lasers to trap individual atoms, improving efficiency and reducing errors.

Target customer

Industries such as Materials, Chemicals, Life Sciences/Pharma, Government, Financial Services.

Industries served

Materials, Chemicals, Life Sciences/Pharma, Government, Financial Services

Technology advantage

The use of neutral atoms allows for potentially longer coherence times and more efficient quantum computations.

How they differentiate

QuEra’s focus on neutral atom-based qubits sets it apart from competitors using superconducting or trapped-ion technologies.

Main competitors

IBM Quantum, Rigetti Computing, IonQ

Key partnerships

["Harvard University","MIT","Google Quantum AI","NVIDIA (NVAQC founding member)","Deloitte","BCG X","DARPA (QBI Stage B)","NEDO (Japan)","AIST (Japan)","National Quantum Computing Centre (UK)"]

Notable customers

["AWS Braket (Aquila platform)","AIST Japan (on-prem Gemini deployment)","NERSC / Berkeley Lab (QCAN program)","Wellcome Leap (Quantum for Bio)"]

Major milestones

["Operating the world's largest publicly accessible quantum computer (Aquila on AWS Braket)","Secured $230M+ Series B financing from Google, SoftBank, NVIDIA","Delivered first on-premises Gemini gate-based quantum computer to Japan's AIST","Selected for DARPA Quantum Benchmarking Initiative (QBI) Stage B","Demonstrated fault-tolerant quantum computing with 96 logical qubits (Nature 2025)","Launched QuEra Quantum Alliance with multiple global partners","Opened UK hub at Harwell Science Campus"]

Growth metrics

QuEra Computing's revenue reached $6.3M in 2023, reflecting consistent growth since its launch.

Market positioning

QuEra is positioned as a leader in neutral atom quantum computing, offering scalable solutions for complex problems.

Geographic focus

Primarily based in the U.S., with global ambitions through partnerships like the QuEra Quantum Alliance.

Patents and IP

Specific patents are not detailed in available sources, but their technology is recognized for its innovative approach.

About Andy Ory

Andy Ory is a seasoned entrepreneur and executive with a strong background in founding and leading technology companies. He co-founded several successful ventures, including 128 Technology (acquired by Juniper Networks), Acme Packet (acquired by Oracle), and Priority Call Management. His expertise lies in network technology, and he has a proven track record of building and scaling businesses from the ground up. In July 2024, he was appointed as the Interim CEO of QuEra Computing, bringing his extensive leadership experience to the quantum computing company. His LinkedIn profile has not been updated with his current role at QuEra.

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