Universal Quantum Raises $100 Million to Build a Working Quantum Computer

VentureburnOmorogie Alele · 8 October 2026 at 09:44

Quantum computers have been marketed as a disruptive force for a long time now. So when Universal Quantum raises $100 million, people notice. The UK-based startup has raised over $100m
— Ventureburn

Read the full story on Ventureburn

This story was written and published by Ventureburn. Business.co.za shows its headline and teaser from the publisher’s RSS feed and links to the original.

What business people are saying

No comments yet. Be the first.

More in Startups & SMEs

All →

SME South Africa08 Oct

From a Broken Gate to Building a Marketplace for Contractors

For Lwanda Gumede, the idea for CID Home Repairs started with a broken gate. In 2021, while he was in Grade 11 and living in…

Startups & SMEs Read on SME South Africa ↗

Ventureburn08 Oct

Ghana’s Cocoa Regulator Secures $288 Million At 11% to Pay Farmers

Cocoa farmers have been facing a crisis for some time now, struggling to sell their prized cocoa beans after months of tending their crops. However, relief has finally come. In

Startups & SMEs Read on Ventureburn ↗

SME South Africa08 Oct

How to Detach From Your Business Without Losing Your Passion

Every entrepreneur remembers the moment the idea took hold. Perhaps it began at the kitchen table, in a garage in Benoni or during a late-night…

Startups & SMEs Read on SME South Africa ↗

ITWeb08 Oct

Toluna Announces Planned CEO Transition After 25 Years; Founder Frédéric Charles Petit to remain as Board Member, Senior Advisor and Shareholder

Toluna, a global leader in consumer insights and market research technology, today announces a planned leadership transition.

Startups & SMEs Read on ITWeb ↗

Ventureburn08 Oct

Fortastra Raises $30M to Scale On-Orbit Security Spacecraft

Fortastra Builds Spacecraft For Orbital Security Fortastra, a California-based space technology company, has raised $30 million in Series A funding. First In led the round with participation from Upfront Ventures,

Startups & SMEs Read on Ventureburn ↗

Ventureburn07 Oct

Stuut Raises $52.5M to Expand AI Order-to-Cash Platform

Stuut Automates the Full Order-to-Cash Process Stuut, a New York-based AI finance platform, has raised $52.5 million in Series B funding. Insight Partners led the round with participation from Andreessen

Startups & SMEs Read on Ventureburn ↗