Coherence Quantum secures seed funding for hardware

Coherence Quantum, a quantum hardware company based in Espoo, has secured €2,78 million in Seed funding. The investment will be used to build infrastructure for larger quantum computers by developing a new approach to cryogenic signalling and control platforms. The financing round was led by Lifeline Ventures, an early-stage investor located in Helsinki, with backing from technology entrepreneur Mårten.