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Irish university spin-out raises €50m to develop quantum computing technology | The Irish Post
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technology20h ago

Irish university spin-out raises €50m to develop quantum computing technology | The Irish Post

  • Ireland’s Equal1 raises €50m to deploy its Bell-1 silicon quantum server for data centres.
  • Bell-1 is described as the world’s first silicon-based quantum computer server and the first Irish-made quantum computer.
  • The funding round was led by the Ireland Strategic Investment Fund (ISIF) with other investors including Atlantic Bridge and the European Innovation Council Fund.
  • European Space Agency is a customer and will implement Bell-1 in its Space HPC in Italy.
  • Equal1 aims to unlock $100bn in value by 2035 as AI drives demand for quantum solutions.
  • Bell-1 can be used in existing data centres and plugs into a standard power socket.
  • Equal1 currently employs 45 people across the US, Canada, Romania, Japan and the Netherlands.
  • ISIF describes its investment as supporting indigenous Irish businesses scaling internationally.
  • The Space Agency plans to implement Bell-1 in its Space HPC in Italy.
  • Equal1’s Bell-1 is named after physicist John Stewart Bell.
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