Samsung, UAE funds lead US$55 million investment in quantum computing startup

US quantum computing startup IonQ said on Tuesday (Oct 22) it raised US$55 million in a funding round that was led by venture funds backed by Samsung Electronics and the government of the United Arab Emirates. With the investments from Samsung Catalyst Fund and Mubadala Capital, Maryland-based IonQ said its total funds raised to date reached US$77 million. The company…

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Samsung Ventures invests $4.6M in Israeli audio search startup Audioburst

Samsung Venture Investment, an affiliate of Samsung Electronics that specialises in fostering startups, said on Monday that it has invested $4.6 million in an Israel-based firm Audioburst. Established in 2015, Audioburst operates a platform that provides customized audio content to users by analysing their listening patterns, interests, and preferences. The South Korean tech giant said the investment was made through…

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