Category: Quantum Computing Business

Japanese Banking Giant Makes Strategic Quantum Investment

Insider Brief MUFG Bank has made a strategic investment in Groovenauts, a Japanese quantum startup, Nikkei reports. Groovenauts uses quantum annealing technology, particularly to help solve optimization problems. MUFG Bank reportedly purchased 18% of Groovenauts’ outstanding shares, worth several billion yen. MUFG Bank, one of Japan’s largest financial institutions, has made a strategic investment in […]

NATO Innovation Fund Investing €1 Billion in Deep Tech Innovation For Its 1 Billion Citizens

Insider Brief The NATO Innovation Fund aims to address the significant underfunding of the market for deep tech innovation. Verticals include artificial intelligence (AI), biotechnology, energy & propulsion, manufacturing and space technologies. The fund aims to adapt its investment strategy accordingly, aligning with emerging trends and breakthrough developments. The NATO Innovation Fund (NIF) has been […]

Rambus Delivers Quantum Safe IP Solutions For Data Center Security

Insider Brief Rambus Inc. expands security IP offerings with first in a family of Quantum Safe IP solutions. Next-gen Root of Trust safeguards data centers and communications from future attacks in post quantum computing era The programmable security solution protects hardware and data with NIST and CNSA quantum-resistant algorithms. PRESS RELEASE — Rambus Inc. (NASDAQ: RMBS), […]

SMART Photonics Receives €100 Million in Additional Funding

Insider Brief SMART Photonics has secured an additional round of funding of €100 million from a group of strategic industry and financial Dutch players. The company is a Dutch foundry for photonic integrated circuits. The funds will help strengthen the company’s role as the leading manufacturer of next generation chips in the European photonic value […]

QAI Ventures Welcomes New Cohort of Startups to its Accelerator

Insider Brief QAI Ventures announced the selection of its first cohort of startups for the QAI Ventures Accelerator program. Startups include Anaqor, Kipu Quantum, Miraex, Moonlight AI and qdc. QAI Ventures is a Quantum-focused VC Fund and Startup Accelerator embedded in the ecosystem of QuantumBasel. QAI Ventures, a Quantum-focused VC Fund and Startup Accelerator embedded […]

Quantum-South Unveils Enhanced Air Cargo Optimization Solutions, Harnessing the Power of Quantum-inspired Algorithms

Insider Brief: Quantum-South announces the launch of its advanced versions of air cargo optimization solutions. Building on the success of their initial release, Quantum-South has developed cutting-edge software that leverages quantum-inspired optimization algorithms to revolutionize the air cargo industry. Dr. Rafael Sotelo, President and Co-Founder of Quantum-South, says he is excited to introduce the company’s […]

Q-CTRL to Partner with Australian Department of Defence on Quantum Navigation Technologies

Insider Brief Q-CTRL will partner with Australia’s Department of Defence to develop quantum sensors for quantum-based navigation systems for the military. The quantum enhanced positioning and navigation capability built on Q-CTRL’s quantum sensing technology. The technology could help the military diminish reliance on increasingly vulnerable global positioning systems. PRESS RELEASE — Q-CTRL, a global leader […]

Eviden, Alice & Bob Partner to Make Cat Qubit Technology Accessible

Insider Brief Partnership will make Alice & Bob patented cat qubit technology accessible through QaptivaTM, Eviden’s quantum application development platform. Cat qubits are a promising approach to solving quantum computing’s biggest problem: computation errors, according to the company. Users will now be able to learn how to use the biased noise of cat qubits to […]

CEO of IonQ Peter Chapman Interviewed on New Partnership with QuantumBasel

Late last month, IonQ announced a partnership with Switzerland-based QuantumBasel to jointly establish a European quantum data centre, with QuantumBasel offering the ecosystem of uptownBasel, including enterprises, research institutes, startups, and universities, direct access to the IonQ systems. During the signing of the partnership, IonQ’s CEO Peter Chapman was interviewed by QuantumBasel on the scope […]

HSBC Becomes First Bank to Join the UK’s Quantum Secure Metro Network

Insider Brief HSBC is the first bank to join BT and Toshiba’s pioneering commercial quantum secure metro network. Using Quantum Key Distribution, HSBC is connecting their global HQ in Canary Wharf and a datacentre in Berkshire. The network is helping the business  explore how this technology can defend against future cyber threats and quantum attacks.  […]

Terra Quantum And Cirdan Capital Use Quantum Software For Enhanced Exotic Option Pricing

Insider Brief Terra Quantum and Cirdan Capital report they developed a faster algorithmic method to price exotic options. Exotic options, such as multi-asset autocallable options, are complex financial instruments that provide investors with alternative strategies for managing risk and maximizing returns. Simulations are often used to determine prices of exotic options, but they are computationally […]

QBN Quantum Industry Summit: Unlocking new business opportunities for all industries.

Stuttgart, Germany – The highly anticipated QBN Quantum Industry Summit is set to take place on October 10-11, 2023, alongside the Quantum Effects exhibition at Messe Stuttgart. This premier international business & tech conference will bring together over 500 world-class leaders, experts, and stakeholders to address the pressing demands and challenges facing the quantum industry, […]

Vodafone Works With SandboxAQ to Test Quantum-safe Business Network

Insider Brief Vodafone and SandboxAQ conducted a proof-of-concept test for a quantum-safe Virtual Private Network (VPN). The test involved the use of standard smartphones that were specifically modified by Vodafone and SandboxAQ using NIST’s cryptography algorithms. Vodafone is uniquely positioned to leverage its global collaboration, technology sharing and deep expertise in combating emerging threats, such […]

D-Wave Regains Compliance with NYSE Trading Share Price Listing Rule

Insider Brief D-Wave has regained compliance with the New York Stock Exchange (NYSE). In March, 2023, D-Wave Systems Inc. received notice from the New York Stock Exchange (NYSE) that it is not in compliance with the the exchange’s regulations on closing prices. The Canadian-based company, a pioneer in quantum computing, can see alternatives to comply, […]

Delta g Ltd Becomes Quantum Exponential’s Seventh Quantum Portfolio Company

Insider Brief Quantum Exponential Group announced that it has invested £300,000 as part of a circa. £1,500,000 pre seed funding round in Delta g. Delta g is a UK based gravity sensing hardware and technology development company. Delta g’s equipment could be used for for scanning beneath the earth’s surface for utility mapping, smart cities, […]

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Inder Singh

Mr. Singh has held various executive roles in leading organizations, contributing his expertise in finance, strategy, and marketing, and currently serves on the boards of prominent companies and advises on entrepreneurship and national security. From 2019 to 2022, Mr. Singh was the Executive Vice President and Chief Financial Officer at Arm Limited, a British semiconductor and software design company, leading its global finance, corporate IT operations, procurement, and enterprise security teams. Before joining Arm Limited, he was with Unisys Corp. as Senior Vice President and Chief Financial Officer from November 2016 to April 2019, and as Chief Strategy and Marketing Officer from March 2016 to November 2016. His earlier roles include Managing Director at SunTrust Bank’s equities unit and Senior Vice President in finance at Comcast Corporation. Currently, he is on the board of directors for John Wiley & Sons, Inc. and Affinity Federal Credit Union, contributes to Columbia University’s Entrepreneurship Advisory Board, and advises the U.S. Department of Homeland Security. Mr. Singh holds an M.B.A. in finance from New York University and M.S. and B.S. degrees in engineering from Columbia University.

Stuart Woods

35 years extensive experience in deep tech product portfolio management, spanning start-ups through to publicly traded businesses, comprising eleven disruptive technologies and five acquisitions – with a third of his career in lasers including SPI Lasers’ public offering on AIM. Stuart’s approach focuses on finding a team’s strengths, then developing sales, managing financials, and building an environment of trust in which teams can grow and thrive. Stuart is Chief Operating and Strategy Officer at Quantum Exponential, previously was MD at Oxford Instruments, and VP of Survey Solutions at Hexagon AB. Oxford Instruments provided the environments for quantum technology discoveries. Stuart worked at Cisco Systems and Pirelli Optical Systems during the telecom boom – leading product management. He graduated from North Carolina State University.

Shelli Brunswick

Shelli Brunswick with a 35-year tenure in the global space ecosystem, has carved a niche as a transformative leader. Her career, marked by roles such as U.S. Air Force leader in space acquisition, program management, policy, and congressional liaison; former COO of Space Foundation; and CEO & Founder of SB Global LLC, reflects her dedication to innovation, entrepreneurship, and diversity. Brunswick chairs the board of Manufacturer’s Edge, an entity aligned with the U.S. Department of Commerce, and serves on the executive boards of the Global Women Leaders Committee of the World Business Angeles Investment Forum and AeroAI Global Solutions, leveraging space technologies for global challenges. Additionally, she is the Board Chair for Tod'Aers Global Network, emphasizing space studies, technology innovation, and R&D. Her leadership extends to shaping the space industry's future through contributions to NASA, the European Space Agency, and engagement with think tanks like the Hudson Institute and the Wilson Center. Recognized for her advocacy for women in space, Brunswick has received numerous accolades, including being named among the Top 100 Women of the Future in Emerging Technology. Brunswick's academic credentials include an MBA from the University of Phoenix, a bachelor's in business administration from Colorado State University-Pueblo, a Project Management Professional Certification, and a certificate in Legislative Studies from Georgetown University, along with completing the Deloitte Board Readiness Program.

Anton Black

Anton Black is a Global Partner at Rothschild & Co where he is Co-Head of their European Technology Global Advisory Team based in London. He has over 20 years experience at Rothschild & Co and has advised start ups, founders, corporate and investors across the technology space from software to tech services to industrial technology and in the digital ecosystem. His deal experience across Europe covers M&A, fund raising and IPOs transactions and has advised on over 100 transactions with transaction sizes ranging from tens of millions to multiple billions.Post retirement up to now he has served as Non-executive Board Member at several listed and non-listed companies, as Management Advisor in many Technology start-ups from seed-funding to decacorn, and as advisory board/ mentor in non-profit organizations and impact funds in Indonesia.

Dan Caruso

Dan Caruso is the Managing Director of Caruso Ventures, a family office that invests in high-impact, tech-enabled scaleups. Dan was the founding CEO / Chairman of Zayo Group, where investors enjoyed a $8.5B equity exit on a $1.0B investment. Dan was a co-founding executive of Level 3 and joined Metropolitan Fiber Systems (MFS) as it began to scale. All three exited for enterprise values > $10B. Dan also led the take private of ICG, which achieved a 25X return and led to the ideation of Zayo. Dan is an advocate for Colorado's entrepreneurial communities and serves on the boards of Endeavor Colorado, Colorado Thrives and Elevate Quantum. Post retirement up to now he has served as Non-executive Board Member at several listed and non-listed companies, as Management Advisor in many Technology start-ups from seed-funding to decacorn, and as advisory board/ mentor in non-profit organizations and impact funds in Indonesia.

Julianto Sidarto

Julianto Sidarto is a retired Managing Director of Accenture, with over 26 years of Management Consulting, Technology, and Operations experience, helping clients define and execute large scale business change. He has served as Country Managing Director of Indonesia, Managing Director of Operations South-East Asia, and various other regional leadership roles. He has lived and worked in Indonesia, USA, Germany, Singapore, and Malaysia. Post retirement up to now he has served as Non-executive Board Member at several listed and non-listed companies, as Management Advisor in many Technology start-ups from seed-funding to decacorn, and as advisory board/ mentor in non-profit organizations and impact funds in Indonesia.