Q-Factor emerges with $24M in funding and the next big bet to achieve quantum computing advantage - SiliconANGLE

Tel Aviv-based startup Q-Factor has announced a $24 million seed funding round aimed at developing a neutral atom-based quantum computer capable of scaling to one million qubits. The funding, led by NFX and TPY Capital, included participants such as Intel Capital and Korea Investment Partners, along with grants from the Israel Innovation Authority and support from Technion and the Weizmann Institute.

Q-Factor seeks to address the scaling challenges of qubits, which are essential for quantum computing's advancement. Unlike current leading methods that rely on superconducting qubits or trapped ions, Q-Factor's approach utilizes neutral atoms manipulated by laser beams, offering stability and the potential for long-term state retention. The company claims to have devised a solution to overcome existing architectural bottlenecks in neutral atom systems, which have hindered scaling efforts to date.

Co-founder Guy Raz highlighted the complexities in maintaining control of qubits as processor size increases.