An Australian quantum technology start-up has successfully raised US$20 million ($32 million) to develop diamond-based quantum devices.
On Jan. 15, Sydney-based Quantum Brilliance announced that it had received investment from several domestic and foreign organisations.
They include Australia’s CSIRO-backed fund Main Sequence, the sovereign National Reconstruction Fund Corporation, In-Q-Tel (IQT) in the United States, and Intervalley Ventures in Japan.
Founded in 2019 out of research at the Australian National University, Quantum Brilliance now specialises in designing, fabricating and manufacturing small diamond quantum devices.
Unlike normal quantum devices that are bulky and require ultra-cold temperatures to operate, diamond-based quantum devices can operate at room temperature due to the exploitation of a natural imperfection in the structure of diamonds....
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