Google, SoftBank Back Quantum Startup QuEra in $230 Million Deal

  • VC investors warm to quantum computing thanks to breakthroughs
  • Boston-based QuEra’s tech can be used at room temperature
A QuEra quantum computer.Source: QuEra
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Startup investors including Alphabet Inc.’s Google and SoftBank Group Corp. are betting that quantum computing, often thought of as a fantastical science experiment, is getting closer to having sweeping real-world applications.

Google and SoftBank’s Vision Fund are new investors in QuEra Computing Inc., participating in a $230 million funding round for the Boston-based startup, which aims to make quantum computing more practical.