Q.ANT Secures Additional $18M Funding
Q.ANT has raised another $18 million to drive its photonic AI infrastructure, with the investment coming from Duquesne Family Office.
This funding brings Q.ANT's total financing to $80 million, claimed to be the largest financing round for photonic computing in Europe. The funds will be used to commercialize optical processors, drive technology development, and support expansion into the U.S.
- Lead investors include Cherry Ventures, UVC Partners, and imec.xpand.
- Other investors include L-Bank, Verve Ventures, Grazia Equity, EXF Alpha of Venionaire Capital, LEA Partners, Onsight Ventures, and Trumpf.
Q.ANT has also announced the appointment of Sue Meng, Managing Director at Duquesne Family Office, as an observer to its advisory board.
Author's summary: Q.ANT raises $18M for photonic AI infrastructure.
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