Tech Company Financing Transactions
Quoherent Funding Round
Quoherent, based in Huntsville, raised $4.7 million from Morpheus Ventures, Draper Associates and private investors.
Transaction Overview
Company Name
Announced On
11/16/2023
Transaction Type
Venture Equity
Amount
$4,700,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate development of its "third-wave" solid state quantum qubits.
Company Information
Company Status
Private & Independent
Industry
Manufacturing
Mailing Address
3100 Fresh Way South West
Huntsville, AL 35805
USA
Huntsville, AL 35805
USA
Phone
Undisclosed
Website
Email Address
Overview
Quoherent is a cutting-edge startup pioneering the next frontier in quantum computing. Founded with a visionary spirit and a commitment to transforming the landscape of information processing, Quoherent focuses on developing quantum qubits utilizing topological materials that operate seamlessly at room temperature. Our groundbreaking technology marks a significant departure from conventional quantum computing approaches, enabling the realization of mobile quantum computing solutions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roberto Salvo
Chief Operating Officer
Alton Reich
Chief Technical Officer
David Carroll
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