Alpine Quantum Technologies has won $11.1m in a round where the university invested half, in a bid to create a universal quantum computer.

Alpine Quantum Technologies (AQT), an Austria-based quantum computing spinout of University of Innsbruck, has received €10m ($11.1m) from the university and the state-owned Austrian Research Promotion Agency (FFG), Trending Topics had reported. Each investor contributed $5.5m, with Innsbruck participating through a service agreement with Germany’s Federal Ministry of Education, Science and Research, and FFG leveraging…

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