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Equal1 Secures €13.7M for Quantum Tech Advancements

10/29/2025

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Summary

Story summary

Equal1 has secured €13.7 million in funding from the Disruptive Technologies Innovation Fund for the QUBIC project to develop quantum algorithms, hardware, and software for energy, climate modeling, advanced materials, and pharmaceuticals.
Biosimulytics Ltd and research institutions, including University College Dublin (UCD), are partners.
The funding is part of a €36.9 million investment in six projects, reflecting Ireland's commitment to advancing quantum technologies and fostering collaboration between industry and academia.

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Story summary

Equal1 has secured €13.7 million in funding from the Disruptive Technologies Innovation Fund for the QUBIC project to develop quantum algorithms, hardware, and software for energy, climate modeling, advanced materials, and pharmaceuticals.
Biosimulytics Ltd and research institutions, including University College Dublin (UCD), are partners.
The funding is part of a €36.9 million investment in six projects, reflecting Ireland's commitment to advancing quantum technologies and fostering collaboration between industry and academia.