{"id":36428,"date":"2023-08-22T08:16:13","date_gmt":"2023-08-22T07:16:13","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=36428"},"modified":"2024-09-04T20:17:47","modified_gmt":"2024-09-04T19:17:47","slug":"15m-quantum-funding-will-advance-performance-in-real-world-applications","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/15m-quantum-funding-will-advance-performance-in-real-world-applications\/36428\/","title":{"rendered":"Phasecraft’s \u20ac15m quantum funding will advance performance in real-world applications"},"content":{"rendered":"
British startup Phasecraft has raised a staggering \u20ac15m in quantum funding to further develop its quantum algorithms.<\/h2>\n
The quantum funding will develop these algorithms to the point of practical advantage \u2013 when quantum computers outperform classical computers for useful, real-world applications such as developing new materials.<\/p>\n