Quantum Boosts: QuEra Raises $230 Million, Oxford's Quantum Supercomputer And Teleportation

Over the last few years, quantum computing has become a hot topic for technology conglomerates and researchers.

The primary reason for this is that they possess the ability to solve complex problems a lot faster than classical computers, a trait that shows the technology can enhance a wide range of applications such as machine learning, cybersecurity, finance, healthcare, pharmaceuticals, space exploration, and more.

Essentially, its capabilities are endless.

That’s the benefits that come from just one quantum computer. What could be the potential of quantum supercomputers?

To recap, supercomputers are a connected group of smaller computers that form a combined system that is more capable than each of those units separately.

This is what the University of Oxford have answered through their latest study titled “Distributed Quantum Computing Across an Optical Network Link”

Oxford’s Distributed Quantum Computing (DQC) combines the computing power of multiple networked quantum processing modules, ideally enabling the execution of large quantum circuits without compromising performance or qubit connectivity

Using a photonic network interface, the researchers linked two separate quantum processors using optical fibers forming one single, connected quantum computer.

Moreover, this approach can be applied to more quantum computers in a way that solves its scalability problem.

An almighty powerful quantum computer that could go beyond what current quantum computers can do would otherwise require an extremely large machine capable of processing millions of qubits or quantum bits.

Qubits form the building blocks of quantum computing, which can exist in multiple states simultaneously, including 0, 1, or any proportion of both.

Instead, by connecting various quantum computers, the researchers could build quantum supercomputers, while forming the foundation for large-scale quantum computing and even a future “quantum internet.”

The experiment carried out by the researchers used quantum teleportation to perform logical quantum gates across modules. While quantum teleportation of states isn’t new, this is the first demonstration of quantum teleportation of logical gates—the basis of quantum algorithms.

Quantum teleportation is a method that enables quantum information to be transferred between distant qubits without physically moving them.

In a news release published on Oxford’s website, study lead Dougal Main (Department of Physics) said, “By interconnecting the modules using photonic links, our system gains valuable flexibility, allowing modules to be upgraded or swapped out without disrupting the entire architecture.”

“Previous demonstrations of quantum teleportation have focused on transferring quantum states between physically separated systems. In our study, we use quantum teleportation to create interactions between these distant systems.”

“By carefully tailoring these interactions, we can perform logical quantum gates - the fundamental operations of quantum computing - between qubits housed in separate quantum computers. This breakthrough enables us to effectively 'wire together' distinct quantum processors into a single, fully-connected quantum computer.”


The confidence in quantum computing’s advancement has spurred tech giants to speed up their investments.

As such, neutral-atom quantum computing leader QuEra Computing announced through a press release that it has raised over $230 million in a financing round.

The round included Google, SoftBank Vision Fund 2, Valor Equity Partners, and others. These new investors join existing ones such as QVT Family Office, Safar Partners, and more.

Out of the $230 million, $60 million will be received in the future and be subject to prerequisite funding conditions, which is currently in progress.

The funds will be used to develop and produce large-scale, fault-tolerant quantum computer technology development; grow its team; strengthen its build and test capacity; and broaden its portfolio of application co-design, cloud, and on-premises engagements.

The move underscores the growing demand for QuEra’s fault-tolerant quantum systems that are positioned to revolutionize industries such as finance, pharmaceuticals, logistics, and cybersecurity.

Andy Ory, Interim CEO of QuEra, said, “This round represents a significant milestone for QuEra as we continue to deliver on our promise of scalable, fault-tolerant quantum computing.”

“Since our last funding round in 2023, we have achieved impressive scientific, technical, and commercial milestones, which have dramatically increased the value of our business. This new investment will fuel our next phase of growth, enabling us to deliver large-scale quantum solutions that address critical business challenges for our customers.”


Do you think the University of Oxford’s experiment will revolutionize the quantum computing industry? Do you think the growing interest in quantum computing will result in more investments by technological companies and others?

Let us know in the comments below!