Qubic Closes Oversubscribed $2.5 Million Seed Round to Scale Low-Noise Cryogenic Amplifiers - Quantum Computing Report

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Qubic Closes Oversubscribed $2.5 Million Seed Round to Scale Low-Noise Cryogenic Amplifiers

Canadian quantum hardware company Qubic has closed an oversubscribed seed financing round totaling $2.5 million USD ($3.5 million CAD). The investment was led by deep-tech venture firm Two Small Fish Ventures, with participation from UC Investments, Quantacet, and UCeed. A spin-off of both the Institut Quantique and the Institute for Quantum Computing, the company will deploy the capital to accelerate the development of its microwave component portfolio, expand manufacturing throughput, and bring a specialized radio-frequency (RF) quantum sensing platform to market.