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Breakthrough Victoria led a $18m funding in Quantum Brilliance.

Synopsis

Breakthrough Victoria, an investment fund, led a $18m funding in Quantum Brilliance, a quantum computing hardware company, with participation from Main Sequence, Investible, Ultratech Capital Partners, MA Growth Ventures, Jelix Ventures, Rampersand and CM Equity Partners. “We are actively investing in quantum technologies to establish Australia, and the state of Victoria, as a global player in this rapidly evolving sector. Quantum Brilliance’s vision of mass producible, room temperature, small form factor quantum computers aligns closely with our mandate to fund ideas and technology in Victoria that will help solve globally significant problems, and we see them as a true innovator in the quantum computing industry,” Grant Dooley, Breakthrough Victoria CEO.

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