Phasecraft wins £1.2 million UK Government Contract to Develop Quantum Algorithms to Optimise Energy Grids https://thequantuminsider.com/?p=2361134 #Quantum_Computing_Business #Research #energy_grid #Phasecraft #quantumdaily Insider Brief Bristol and London-based quantum algorithms startup Phasecraft has won a UK government contract to explore using quantum computing to optimise energy grids as part of the Quantum Catalyst Fund. Phasecraft’s contract is one of six projects taken through to Phas

Phasecraft Suite of Algorithms Simulates Materials on Near-term Quantum Computers https://thequantuminsider.com/?p=2360408 #Research #Ashley_Montanaro #Gilberto_Teobaldi #Materials_Science #Michael_Cuthbert #Phasecraft #quantumdaily Insider Brief Phasecraft produces suite of algorithms that makes simulating materials on quantum computers simpler and more efficient than ever before. Their work was published in the scientific journal, Nature. The approach showed that a material used in lithium-io

D-Wave CEO Foresees Quantum Computing Revolutionizing Business Operations https://thequantuminsider.com/?p=2358397 #Insights #Quantum_Computing_Business #Alan_Baratz #Ashley_Montanaro #business #china #DWave #Phasecraft #quantum_annealing #quantum_computing #quantumdaily D-Wave Quantum Systems Inc. is a Canadian firm specializing in quantum computing. Headquartered in Burnaby, British Columbia, it earned the distinction of being the pioneering company in the sale of computers that harness quant

Phasecraft Announces £13 Million Series A Funding Round to Reach Practical Quantum Advantage https://thequantuminsider.com/?p=2357912 #Capital_Markets #algorithms #Phasecraft #Playground_Global #quantum_algorithms #series_A #quantumdaily Insider Brief Phasecraft announced the closing of a £13 million Series A funding. Playground Global led the round, joined by Albion VC and existing investors Episode1, Parkwalk Advisors, LCIF, and UCL Technology Fund. The company plans to use the funds to conti