The Quantum Daily has issued its quarterly report reviewing the third quarter for 2020.
The report’s highlights that the quantum industry has attracted over $100 million of private capital from over 20 investors. Whilst less than Q2 (which captured the record-breaking PsiQuantum raise), it shows continued interest in the space, despite economic headwinds.
“After weathering the near simultaneous onslaught of a worldwide health crisis, an economic lockdown, a financial nose dive and protests and riots, you can understand the quantum community’s uneasiness with storm clouds of a quantum winter. However, the third quarter comes to a close with signs of continued faith in — and in investment in — quantum technologies.,” said Matt Swayne, contributor to The Daily Quantum.
The report covers the big news over the last three months, but it has been hard keeping up with the mix of material government funding announcements, significant scientific development and commercial innovation.