
Quantum Brilliance raises $20m for diamond foundry
Quantum Brilliance has raised $20m to set up a diamond foundry for room temperature quantum computer and sensing systems.
The Series A funding comes from Main Sequence, In-Q-Tel (IQT) in the US. and Intervalley Ventures in Japan. Additional investors include leading Australian sovereign wealth funds National Reconstruction Fund Corporation (NRFC) and Breakthrough Victoria (BV), Alium Capital Management, Investible and Jelix Ventures.
As well as the quantum diamond foundry, this will be used to co-develop prototypes in emerging quantum sensing, develop QB’s proprietary IP with leading semiconductor partners, and ship systems.
The company, based in Australia and Germany, is working on several projects with its room temperature diamond-based quantum computing technology, including a chip-scale device. The diamond vacancy approach is particularly well-suited for large-scale deployment and reliable performance in everyday environments or harsh conditions, says the company, as well as integration into AI factories and existing datacentre infrastructure and portable quantum computer systems.
It recently announced a strategic partnership with Oak Ridge National Laboratory in the US to install a diamond accelerator alongside ORNL’s high performance computing (HPC) systems and is installing its first system in Europe.
“Diamond quantum technology holds immense promise for developing compact and ruggedized quantum sensors and accelerators,” said Nat Puffer, Managing Director at IQT. “We believe this technology will play a pivotal role in addressing strategic challenges across industries and critical national priorities.”
“We are excited to support Quantum Brilliance’s mission to deliver quantum devices across applications at scale,” said Bill Bartee Managing Partner at Main Sequence. “Their technical breakthroughs and strategic partnerships position them to deliver groundbreaking quantum products in the near future.”
“This funding represents a significant step forward for QB as we advance the design, performance, and manufacturability of diamond quantum devices,” said Quantum Brilliance CEO Mark Luo.
“We are excited to support Quantum Brilliance’s value chain strategy in Japan through our extensive network,” said Simon Wright, Managing Partner at InterValley Ventures. “Their innovative approach and focus on industrial partnerships align perfectly with the growing urgency in the semiconductor and quantum race.”
