Tech Company Financing Transactions
ZuriQ Funding Round
ZuriQ, operating out of Zurich, secured $4.2 million from Founderful, First Momentum Ventures and Onsight Ventures.
Transaction Overview
Company Name
Announced On
1/23/2025
Transaction Type
Venture Equity
Amount
$4,200,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
Viktoriastrasse 22
Zurich, 8057
Switzerland
Zurich, 8057
Switzerland
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our technology aims to overcome the scaling challenges associated with scaling trapped-ion quantum computers, by employing only static electromagnetic fields to confine the ions compared to the radio-frequency oscillating fields used by all other companies. This is achieved by using a micro-fabricated chip with many electrodes that hold static voltages embedded in a large and homogenous static magnetic field. An immediate consequence of this approach is that single ions can be trapped anywhere above the chip where suitable electric field nulls can be created. As the voltages are then varied in time, full reconfigurability of the trap array in three dimensions can be achieved. This capability unlocks the full power of our new architecture.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pavel Hrmo
Browse more venture capital transactions:
Prev: 1/23/2025: Baya Systems venture capital transaction
Next: 1/23/2025: Mobly venture capital transaction
Share this article
About Database of VC Transactions
We report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs