- QC Design selected for EIC Accelerator Program, secures €4 million in funding
- Quantum design automation software, Plaquette, aids in developing efficient logical qubits for fault-tolerant quantum computing
- EIC funding accelerates development of design-automation tools for fault-tolerant quantum computers
- QC Design emerges as one of the 68 winners out of 969 full proposals in the competitive EIC Accelerator program
- Company receives €2.5 million grant and up to €1.5 million in equity investments for Seed round
QC Design Selected For EIC Accelerator Program
Quantum design automation software company, QC Design, has been chosen to participate in the prestigious European Innovation Council (EIC) Accelerator program. This selection comes with a significant boost of €4 million in funding to support the development of their design-automation software and architectures for quantum computing.
Revolutionizing Quantum Design with Plaquette
At the forefront of quantum design automation, QC Design offers a cutting-edge software called Plaquette. This software assists hardware manufacturers in creating the most efficient logical qubits and architectures for fault-tolerant quantum computing. In the realm of quantum computing, fault tolerance plays a crucial role in ensuring the reliability of quantum circuits despite imperfections in qubits and gates.
Top-Tier Support from EIC Accelerator Program
By securing a spot in the EIC Accelerator program, QC Design is set to receive substantial backing amounting to €2.5 million in grant form, along with the potential for up to €1.5 million in equity investments for their Seed round. This support is invaluable as the company works towards enhancing fault-tolerant design-automation tools for quantum hardware across various platforms.
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Paving the Way for Future Quantum Computing
As quantum computing continues to advance, the need for fault tolerance design-automation tools becomes increasingly apparent. QC Design, with its innovative approach and dedicated team, has the potential to emerge as a key player in the realm of quantum design automation. With endorsements from industry experts and investors, the company is poised to make a significant impact on the quantum computing industry.
QC Design’s success in securing funding through the EIC Accelerator program underscores the company’s commitment to advancing quantum design automation. With Plaquette at the helm, QC Design is poised to revolutionize the landscape of quantum computing, making strides towards scalable and reliable quantum solutions for the future.
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