Breakthrough Science PRIMER: Quantum Computing
Quantum computing promises to solve previously intractable problems in optimization, chemistry, advanced materials, and countless other areas. Earlier this year, Prime Movers Lab invested in neutral atom quantum architecture pioneer Atom Computing. To help our community of investors and supporters better understand the emerging technology, Advisor Alessandro Levi published a PRIMER that provides a history of computing, insights on the investing landscape, and a checklist of what we are looking for in a quantum computing startup, including:
- Team: The team has a track record of hitting technical milestones, publishes research and findings to establish credibility with the scientific community, and can recruit strong talent. The team has connections to future customers and/or acquirers.
- Tech: We are looking for a technology that can be scaled to many logical qubits in a capital-efficient way and be applied to a wide range of problems (approaching a universal quantum computer). Science risk is eliminated; the remaining technical risk is mostly engineering, i.e. there is a clear path to achieving the remaining technical milestones that don’t require miracles.
- Business: We want to see early engagement with future customers (companies like Amazon, pharma, finance, defense) and that the company will be able to tell a story about going public in the not-so-distant future.
If you’re a quantum computing startup looking to raise capital and you have the right team, tech, and business model, contact us here.
Be sure to read the full PRIMER and watch our webinar on quantum computing, which are both embedded below.
Prime Movers Lab invests in breakthrough scientific startups founded by Prime Movers, the inventors who transform billions of lives. We invest in companies reinventing energy, transportation, infrastructure, manufacturing, human augmentation and agriculture.
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