
Qubic Secures Oversubscribed $2.5M USD Seed Round
Qubic has announced the successful close of an oversubscribed $2.5 million USD seed round. Led by Two Small Fish Ventures, the round included participation from UC Investments, Quantacet, and UCeed. The capital will be used to complete the amplifier MVP, scale manufacturing, and develop an RF quantum sensing platform. CEO Jérôme Bourassa noted increasing market appetite, evidenced by sales to Quantum Machines. The company plans to triple its team size as it targets quantum computing scaling challenges and new applications in defence and communications.