Story perspectives

NanoQT Raises $14M for Quantum Tech Advancements

10/3/2025

Summary

Story summary

Nanofiber Quantum Technologies (NanoQT) raises $14 million Series A to develop quantum interconnects for processors.
NanoQT secures over $20 million in government grants from Japan and the U.S.
PINC Technologies raises $6.8 million to advance integrated nonlinear photonic devices.
Trevor Vrckovnik's quantum photonics research targets chip-scale quantum key distribution.
A breakthrough modulating photon avalanche in Ho3+ ions enhances multicolor imaging.

History

Historical Context

The National Quantum Initiative Act, signed into law in December 2018, allocated $1.2 billion to enhance quantum information science in the U.S. This funding has spurred innovation in companies like NanoQT and PINC Technologies, which raised $14 million and $6.8 million, respectively. Additionally, U.S.-Japan collaboration has provided over $20 million in grants, emphasizing the global commitment to advancing quantum technology.

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Story summary

Nanofiber Quantum Technologies (NanoQT) raises $14 million Series A to develop quantum interconnects for processors.
NanoQT secures over $20 million in government grants from Japan and the U.S.
PINC Technologies raises $6.8 million to advance integrated nonlinear photonic devices.
Trevor Vrckovnik's quantum photonics research targets chip-scale quantum key distribution.
A breakthrough modulating photon avalanche in Ho3+ ions enhances multicolor imaging.

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