SBI Investment fuels QuEra’s Quantum Growth with a bold investment in the Boston-based company, which has leveraged groundbreaking research from Harvard University and MIT to develop the world’s largest publicly accessible quantum computer.

The company leads the charge in commercializing quantum computing, with applications spanning multiple industries, including pharmaceuticals, chemistry, and finance. QuEra has successfully secured USD 230 million in Series B funding, with major players such as Google LLC, a subsidiary of Alphabet Inc., participating. SBI Investment also contributed to this funding round, reinforcing its commitment to fostering advanced technologies. The funding is expected to accelerate QuEra’s progress in quantum computing, further expanding its capabilities and industry applications. 

SBI Investment Supports QuEra’s Quantum Computing Growth

SBI Investment, the core entity within the SBI Group’s Investment Business, maintains a robust network of more than 350 fund investors. With an annual sourcing volume exceeding 2,500 investments, it has accumulated over JPY 570 billion in investments and JPY 800 billion in commitments. 

These figures reflect SBI Investment’s influential role in the global venture capital ecosystem. Since its inception, SBI Investment has concentrated on high-growth sectors, particularly IT and biotechnology/life sciences. Beyond its established areas of Fintech, AI, and blockchain, the company is now broadening its scope into cutting-edge technologies and services. 

This expansion aligns with its vision of supporting “Society5.0 for SDGs” by investing in emerging sectors such as 5G, IoT, and big data. Additionally, SBI Investment backs industries contributing to “Industry4.0,” including robotics, healthcare, infrastructure, food, and agriculture. With extensive experience in venture investing, SBI Investment continues to nurture startups, providing them with the necessary resources and strategic direction to thrive in competitive markets. 

By investing in QuEra, the company underscores its commitment to driving innovation in quantum computing, a field poised to revolutionize various industries. Through such strategic investments, SBI Investment strengthens its position as a leader in fostering technological advancements that shape the future.

Also, stay updated with the Latest Broker News.