SEEQC, a US-based company developing a digital quantum computing platform, has raised $30 million in a fresh funding round led by NordicNinja and Booz Allen Ventures. The new funding will help the startup accelerate the commercial rollout of its chips and improve their capabilities. NordicNinja shared the news on its Linkedin page.

About SEEQC

  • SEEQC was founded by John Levy and Oleg Mukhanov, a russian entrepreneur working in the US since 1991. The company develops a digital quantum computing platform for global businesses. SEEQC combines classical and quantum technologies to address the efficiency, stability and cost issues endemic to quantum computing systems. 

  • The company applies classical and quantum technology through digital readout and control technology and through a unique chip-scale architecture. SEEQC’s quantum system provides the energy and cost-efficiency, speed and digital control required to make quantum computing useful and scalable.

“SEEQC’s digital architecture is the missing link for scalable quantum computing. This capability will unlock quantum’s full potential for quantum AI, enterprise applications, and beyond. We look forward to working closely with the team as they scale up their impact and help expand their partnerships and customer relationships with Japan and other Asian locations,” says Marek Kiisa, Managing Partner of NordicNinja 

Investment details

The new investment round was led by NordicNinja and Booz Allen Ventures. The round also saw participation from SIP Captital, alongside existing investors EQT Ventures, M-Ventures (Merck), BlueYard Capital, FAM and Asset Management.

  • Launched in 2019, NordicNinja is the largest Japan-backed VC fund in Europe investing in scaling companies that contribute to a more sustainable and digital society.

  • NordicNinja VC invests in early-stage companies focusing on AI, IT, and apps within the software, transportation, and science sectors, with a geographical focus on Northern Europe, including Estonia, and Finland.

  • Booz Allen Ventures invests in early-stage companies, focusing on software, machine learning, and AI industries. Their investment strategy is concentrated in the United States, particularly in Washington, Colorado, and Delaware.

The fresh funding will help the startup accelerate the commercial rollout of its chips and improve their capabilities.