Funding
Sequoia and Tencent back Irish-founded Horizon in $18.1m raise
Quantum computing-focused firm was founded and is led by Dr Joe Fitzsimons
Horizon Quantum Computing, an Irish-founded but Singapore-based firm, has raised $18.1 million (€16.6 million) from backers that include Sequoia, which has previously led investments into the likes of Apple, Stripe, Airbnb, WhatsApp and Instagram.
Founded by Dr Joe Fitzsimons in 2018, Horizon is focused on building software development tools to unlock the potential of quantum computing hardware.
The investment is to be used by the company to strengthen its science and engineering teams to accelerate ...