ETH Zürich spin-out ZuriQ has raised $25.5 million in seed funding to scale its 2D trapped-ion quantum chip technology and challenge rivals IonQ and Quantinuum.

The Swiss startup says it has developed a new architecture for quantum chips that will enable rapid scaling

ETH Zürich spin-out ZuriQ has raised a $25.5M seed round to scale trapped-ion quantum processors built on a natively two-dimensional architecture.