Universal Quantum Featured in Bloomberg Top 25 UK Startups to Watch
Oct. 26, 2023 Repost from Universal Quantum -- Universal Quantum is proud to announce that it has been selected by Bloomberg as one of the 25 Startups to watch in the UK. This is testament to the drive of the UQ team to build quantum computers that empower humanity to solve its most complex challenges.
The inaugural Bloomberg UK's Startups to Watch canvassed the UK to find 25 startups that represent the diversity and innovation of the country's startup scene. Bloomberg received more than 1,500 applications and Universal Quantum is honoured to make the final list of 25.
Bloomberg looked for the most innovative, new UK businesses to highlight to feature in the list. Bloomberg wanted to hear about companies that are growing fast and working on something truly unique. The Bloomberg editors considered a number of criteria when assessing the entries including: the scope of the problem being tackled, creativity of ideas, investors and customers traction and commitment to diversity. The companies on the list are spread out across the UK in London, Durham, Cambridge, Oxford, Bristol, Glasgow, Nottingham, Reading and of course Hayward’s Heath.
The ceremony took place today at The Brewery in London. In receiving the recognition, UQ’s CEO, Sebastian Weidt stated: ‘We have indeed come a long way since the inception period of working out of the University of Sussex. The last year especially has been a period of exponential leaps – from the growth of the team, our new centre of excellence in Hayward’s Heath and winning the largest government contract for quantum computing to date, with the German Aerospace Center (DLR). We are grateful for this recognition, as it crowns our recent efforts. We aim to build on this and continue to drive the development of scalable ion-trapped quantum computers that will aid the applications that will propel humanity forward."
UQ CEO Sebastian Weidt Invited to a Breakfast at 10 Downing Street
Earlier last week, UQ CEO Sebastian Weidt was invited to attend a breakfast hosted by Minister for Investment, Lord Dominic Johnson, and Minister for Science, Research and Innovation, George Freeman MP at 10 Downing Street to discuss all things quantum.
"I’m grateful for their support of this amazing new technology. Thank you also to everyone who organised this great event. Government support for the amazing UK quantum startup ecosystem is vital for delivering the huge long term benefits of quantum to the UK and beyond and I’m looking forward to this support continuing to grow going forward." Said Sebastian.
About Universal Quantum
Universal Quantum is building the world’s first million-qubit quantum computer. Its unique, fully integrated electronic trapped ion quantum computing modules are manufactured using available silicon technology. Individual modules are connected together using the record breaking UQ Connect: The only viable technology to scale to a fault-tolerant trapped ion quantum computer.
Based in Brighton - UK, Universal Quantum is backed by top VCs including Village Global, FoundersX Ventures, Hoxton Ventures and others. It has 15+ years of quantum computing experience and is a proud member of the Tech Talent Charter. It has won over $15M research grants from UK and a $70M commercial contracts from Germany Aerospace Center to build a fully scalable trapped ion quantum computer.