SIP Global Partners Participates in $30M Round for SEEQC, Developer of the Worlds First Full-Stack Processor for Quantum Computers
Summary
SEEQCs microprocessor system will replace power-hungry brute force analog/digital room-temperature technology for all quantum computing modalities, providing a 100,000x improvement in power consumption and up to 97% lower cost as compared to classical architectures. The proprietary Single Flux Quantum ("SFQ") chips operate at the same ultra-low temperatures as qubits allowing real-time digital readout, control and multiplexing. The new funding will help us accelerate this mission and continue bridging the gap between quantum and classical, lab and application, and potential and promise," said CEO and co-founder of SEEQC, John Levy. SIP Global Partners invests in early-stage companies driving the decarbonization of the worlds largest emitting industries at GNP level scale. SEEQCs chip-based solution is augmented by the companys PRISM firmware and software that supports a full spectrum of applications for third-party developers.