Quantum computing company, Phasecraft, secure $34 million in funding
QTIC alumnus, Phasecraft, has landed $34 million in funding to accelerate its breakthrough work to transform quantum computing’s theoretical promise into practical applications.
News
Siloton becomes first company to image patients’ eyes using photonic chip device
A cohort of patients suffering from the UK’s most common cause of sight loss have become the first in the world to successfully use a pioneering new technology which could help prevent and manage the development of eye diseases affecting millions of people.
Zero Point Motion announces £4M Pre-Series A funding round to revolutionise motion sensing
Bristol-based sensor technology startup Zero Point Motion has successfully closed a £4million pre-Series A funding round to transform positioning and navigation. They are backed by investors SCVC (the official funding arm of Science Creates), Foresight Group and Verve Ventures, with seed round investor u-blox AG remaining a key strategic partner and customer.
Axelera AI Secures up to €61.6 Million Grant to Develop Scalable AI Chiplet for High-Performance Computing
Axelera AI has unveiled Titania™, a high-performance, energy efficient and scalable AI inference chiplet. The development of this chiplet builds on Axelera AI’s innovative approach to Digital In-Memory Computing (D-IMC) architecture, which provides near-linear scalability from the edge to the cloud. To support this development, Axelera AI is receiving up to €61.6 million in funding from the EuroHPC Joint Undertaking (JU) and member states as part of the Digital Autonomy with RISC-V for Europe (DARE) Project.
Foresight Live panel event on 3 April: Convergence of Critical Technologies in Quantum
Join QTIC's content partner, Foresight, at Engine Shed on 3 April for a panel discussion on the challenges and opportunities driving innovation in quantum, followed by networking.
Light Trace Photonics secures £600k to revolutionise photonic chip design
Light Trace Photonics, a QTIC member and leading innovator in the integrated photonics industry, has announced the close of its first investment round of £600,000.
Welcome to Rosie Bennett as our new Innovation Lead for Bristol Innovations
We are delighted to announce that Rosie Bennett has joined the Bristol Innovations team as Innovation Lead.
Siloton secures £860k new funding as first product launch approaches
QTIC member Siloton has secured £860,000 to progress the commercial roll-out of its ground-breaking eye imaging chip technology, which could help address the UK’s most common cause of sight loss.
Axelera AI raises $68 million Series B funding to accelerate next-generation artificial intelligence
Axelera AI has announced its successful close of an oversubscribed $68 million Series B financing round, bringing the total amount raised to $120 million.
Axelera AI selected by the EIC Scaling Club as one of Europe’s leading deep tech scale-ups
Axelera AI , the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, has been selected by the EIC Scaling Club as one of Europe’s highest-potential deep tech scale-ups, well-positioned to make a positive global impact.