QuEra Computing, a Boston-based quantum computing company, has raised $230 million in a round led by Google (GOOGL) and SoftBank (SFTBF) ’s Vision Fund 2 to develop “fault-tolerant” quantum computers, designed to overcome the computational errors that have long hindered real-world quantum applications.

Google and SoftBank’s Vision Fund are new investors in QuEra Computing Inc., participating in a $230 million funding round for the Boston-based startup, which aims to make quantum computing more practical.

QuEra Computing, a neutral-atom quantum computing, today announced it has successfully completed a financing of more than $230 million. The funds will be used to accelerate the development and production of large-scale,

Google (GOOG) (GOOGL) and SoftBank (SFTBY) are among the investors in quantum computing startup QuEra Computing, Bloomberg reported. Read for more.

(Reuters) - QuEra Computing said on Tuesday the neutral-atom quantum firm has completed a funding round in excess of $230 million, with investment from Google's Quantum AI business unit and SoftBank Vision Fund, among others. The valuation of the company at which it raised the money was not disclosed.

Quantum computing, long relegated to the realm of theoretical, feels like it is back on the agenda as a potentially viable alternative to the expensive

QuEra Interim Chief Executive Officer Andy Ory said the latest funding round came together quickly - "in a matter of weeks" - after the startup cleared a series of technical challenges