Q.ANT Secures Additional $18M Funding
Q.ANT has raised another $18 million to drive its photonic AI infrastructure, bringing its total funding to $80 million.
The investment, led by Duquesne Family Office, makes Q.ANT's Native Processing Server "one of Europe's best-funded AI accelerator techs".
- The funds will be used to commercialize optical processors.
- Drive technology development to improve AI infrastructure.
- Support expansion into the U.S.
Q.ANT has claimed this to be the largest financing round for photonic computing in Europe.
Sue Meng, Managing Director at Duquesne Family Office, has been appointed as an observer to Q.ANT's advisory board, joining existing lead investors including Cherry Ventures, UVC Partners, and imec.xpand.
Author's summary: Q.ANT raises $18M for photonic AI infrastructure.